NEWS
NASFUND TO EXCEED TREE-PLANTING TARGETS BY 2030

Helen-Jennifer BUBUWAU By Helen-Jennifer BUBUWAU | June 7, 2023

NASFUND TO EXCEED TREE-PLANTING TARGETS BY 2030
Papua New Guinea’s leading superannuation provider Nasfund commemorated the 2023 World Environment Day by celebrating its progressive effort toward its tree-planting initiative that started two years ago. As part of Nasfund’s Corporate Social Responsibility (CSR), the Fund has made a commitment to plant 3000 trees by the year 2030 under the ‘’Trees For Life’’ initiative that is driven by the Port Moresby Nature Park. Whilst observing the global event this year, the organization is also proud to announce that it has already made significant progress towards this goal, having planted 1270 trees since 2021. Over the weekend, Nasfund Port Moresby-based team planted 500 mangrove seedlings in partnership with local NGO – Coastline Care project at Gwarumemase village in Central Province. Similar initiatives were undertaken by branches nationwide that resulted in a total of 670 trees being planted for this year alone. General Manager Talent & Culture, Vincent Lialu explained that the tree-planting initiative is being carried out in partnership with local communities and NGOs, with Coastline Care Project as one such NGO that Nasfund has partnered with this year to commemorate World Environment Day. “We believe that by working together with local communities and organizations we can make a positive impact on the environment and create a better future for all by not only preparing our generations to be financially ready for tomorrow but also to be responsible citizens of tomorrow.” Coastline Care Project's Team Lead, Maisy Lus said that they were thrilled to partner with Nasfund in this year’s event. “The support we received from Nasfund as a local NGO has been invaluable in contributing to the rehabilitation of this degraded area and we thanked the staff and volunteers who came by to attend this planting event", she said. The Nasfund team in Lae, Goroko, Madang, and Bialla branches celebrated the event over the weekend through similar activities. The Fund is pleased with this effort and looks forward to surpassing its target of planting 3000 trees by 2030.

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