On International Earth Day, PT Bank JTrust Indonesia Tbk (J Trust Bank) collaborated with CarbonEthics to launch the "TORA Green Savings" program. This program is a form of contribution to environmental conservation efforts through planting mangroves by setting aside a small portion of the savings interest for both new (New CIF) and existing customers.
The funds collected from the TORA Green Savings account (0.5%) will be donated by J Trust Bank to CarbonEthics for mangrove reforestation. For every IDR 25,000 collected, CarbonEthics will plant one mangrove on Harapan Island, Kepulauan Seribu.
Mangroves play an important role in mitigating climate change by locking up large amounts of carbon which can reach 0.3 tons per tree and reducing the impact of storms and wave heights by up to 90%.
This program, which runs until April 21 2025, is an initiative aimed at realizing J Trust Bank's commitment to providing sustainable financial products and/or services.
President Director of J Trust Bank, Ritsuo Fukadai said "In the future, J Trust Bank is optimistic that it can continue to develop products and services and carry out environmentally friendly operations. "This is our contribution to achieving Sustainable Development Goals (SDGs) in Indonesia."
This program not only benefits customers because of the fairly large interest rates, but also the environment. With the mangrove planting initiative, customers have contributed to the conservation of the blue carbon ecosystem together with JTrust and CarbonEthics.
Join the green movement! Visit jtrustbank.co.id to explore J Trust Bank and open TORA Green Savings.Let’s make your savings more meaningful and have a positive impact on the environment
Visit carbonethics.org/partnership for collaborations with CarbonEthics on blue carbon conservation efforts!
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