To mark Arbor Day 2007, the HSBC Cares For The Environment Fund has agreed to sponsor the replacement of all the missing or dead trees on the St Julian’s waterfront promenade.

HSBC Cares For The Environment Fund is already very active in the ‘34U’ campaign, with a significant Lm45,000 sponsorship for the Xrobb l-Ghagin project over three years. This charitable fund follows HSBC’s global emphasis to try and reduce carbon dioxide in the atmosphere. HCEF initially sponsored the project with Lm15,000 to plant one tree for every one of HSBC’s 1500 employees in Malta.

The 34U campaign, which is leading to greater afforestation of areas at Salina Park, Mellieha, the Pinetum in Pieta’, Xrobb l-Ghagin, Ta’ Qali and Buskett, also encourages the public to buy and plant their own tree in any of the selected areas.

HSBC employees have also been actively involved in the ‘34U’ campaign, turning out in their hundreds to plant 2,000 trees at Salina Park and 5,000 trees and shrubs at Xrobb l-Ghagin last year. Another 1,200 trees have been planted at the HSBC Garden on Campus at the University of Malta, and a further 5,000 trees will be planted at Xrobb l-Ghagin this year