SBI announces donation of ₹48 lakh for tree plantation

SBI announces donation of ₹48 lakh for tree plantation: As part of its corporate social responsibility, the State Bank of India (SBI) has donated Rs. 48 lakh to the NGO That’s Eco Foundation for the planting of 32,000 tree saplings at Bengaluru’s Garden City University. This initiative aims to contribute to the environment by increasing the green cover and promoting sustainable practices.

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More About The SBI’s donation of ₹48 lakh for tree plantation:

For the successful implementation of this project, an MOU has been signed by SBI, Garden City University, and the Eco Foundation. The plantation project at Garden City University in Bengaluru, is being implemented using the Miyawaki Technique. Developed by Japanese botanist Akira Miyawaki, this technique involves creating dense, native forests that grow 10 times faster and are 30 times denser than usual.

Plants grown using this technique become self-sustaining within 2-3 years and the multi-layered forests help lower temperatures, improve soil quality, support local wildlife, and sequester carbon.