Project MITHI brings Security Bank’s sustainability vision to life
Project MITHI supports local livelihoods as members of the Dulao Cooperative and Oceanus Conservation will maintain and monitor the Security Bank initiative.
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Daily TribuneProject MITHI supports local livelihoods as members of the Dulao Cooperative and Oceanus Conservation will maintain and monitor the Security Bank initiative.
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SECURITY Bank employees from the head office and branches in La Union, Baguio and Urdaneta take part in the mangrove planting.
PHOTOGRAPH COURTESY OF SECURITY BANK
Project MITHI (Mangrove-Based Initiatives for Thriving Habitats and Inclusive Communities), launched during World Ocean Month, aims to plant 10,000 seedlings to bolster coastal ecosystems and community resilience.
It is being undertaken in partnership with the Dulao Fishpond and Fishpen Producers Cooperative, Oceanus Conservation and Communities for Nature.
More than 40 Security Bank employees from different branches and the head office volunteered for the event, with the cooperation of the Aringay local government, including the Municipal Environment and Natural Resources Office’s Engr. Rhea Tugade, Cooperative Development specialist Behilda Miana, and Sangguniang Barangay member Ramsey Mangaoang. “Project MITHI brings our sustainability vision to life — protecting the environment, supporting livelihoods, and strengthening communities. It reflects Security Bank’s commitment to advancing climate action and enriching lives through measurable impact,” said Eduardo Olbes, executive vice president and chief financial officer of Security Bank.
Three native species — Rhizophora, Lumnitzera and Avicennia — were planted in the mangrove area.
The diverse mix strengthens mangrove resilience and supports a more stable ecosystem, making the forest less vulnerable to disease and environmental change, according to Camille Rivera-Roa, director and co-founder of Oceanus Conservation, as she highlighted the role of biodiversity in restoration.
Beyond its ecological impact, the initiative supports local livelihoods. The Dulao Cooperative and Oceanus Conservation will lead ongoing maintenance and monitoring, ensuring both environmental and economic benefits.
Wilfreda Garca, one of the employee volunteers from the Dagupan-Lucao Branch, shared that the experience inspired her to revive mangrove planting in her hometown, where coastal development had displaced native forests.
