CARD Mutually Reinforcing Institutions (CARD MRI) simultaneously planted over 1,800 mangrove and pandan trees in Misamis Occidental and Cagayan on March 9, 2024, as an initiative to protect the environment.
In a joint initiative with the Department of Environment and Natural Resources (DENR) for environmentally sustainable activities, CARD MRI Rizal Bank, Inc., CARD, Inc. (A Microfinance NGO), CARD Pioneer Microinsurance Inc., and CARD Mutual Benefit Association, Inc. (CARD MBA), with the support of CARD-Business Development Foundation, Inc. (CARD-BDSFI), planted mangrove and pandan trees to promote the well-being and prosperity of both people and the planet. To ensure the sustainability of this project, CARD MRI will conduct quarterly site visits to inspect the trees.
Additionally, in accordance with BSP Circular No. 1805 Series of 2020, the said tree planting also promotes sustainable financing, which plays a crucial role in advancing CARD MRI’s Sustainable Development Goals.
As the initiative continues, CARD MRI recently planted 800 mangrove trees in Brgy. Casul, Sapang Dalaga, Misamis Occidental; and more than 1,000 pandan trees in Minanga Este, Buguey, Cagayan. The tree planting was attended by 233 CARD MRI staff.
To achieve holistic development and progress, CARD-BDSFI, a member institution of CARD MRI that focuses on agricultural and fisheries development, in collaboration with other CARD MRI institutions, strives for continuous sustainability not only in financial services but also in health, education, environmental, and other community development programs that can boost ecosystem resilience to combat climate change. In total, from October 2023 to date, CARD MRI has planted more than 4,000 trees in areas located in Mindoro, Zambales, Leyte, Misamis Occidental, and Cagayan de Oro.
