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Attijariwafa Bank launches initiative to limit single-use plastic bag consumption The bank aims to expand its participation in environment conservation and to apply these mechanisms on a larger scale.
Attijariwafa Bank launched an initiative to reduce the consumption of plastic bags in cooperation with Verynile foundation and spread the use of environmentally friendly cotton tote bags. The bank's Director of Marketing and Corporate Relations Sarah Ibrahim said it's part of their social responsibility role to participate in the Verynile initiative towards a green economy. The bank aims to expand its participation in environment conservation and to apply these mechanisms on a larger scale. She explained that the initiative would start by producing 4,500 cotton bags in Zamalek, and then expand to other areas. She stated that the initiative aspires to offer alternatives to shops of Zamalek: paper, cotton, biodegradable, and reusable bags. Moreover, Environment Minister Yasmine Fouad said the Nile River is Egypt's lifeline, so it must be preserved. She noted that single-use plastic bags are a major part of waste, noting that the initiative supports cleaning the Nile River. “2.5 tonnes of waste were extracted during the first clean-up of the river, which has now reached over 50 tonnes,” she said. Fouad noted that the state and its political leadership greatly support young people and future generations, which encouraged the Verynile initiative. She explained that plastic causes great damage to rivers and seas, specifically for marine life, and one of the most negative aspects of it is the reproduction of jellyfish. She urged not to use plastic cups and reduce the use of straws and turn to cotton bags instead of plastic.
