PKF in Eastern Africa

Corporate Social Responsibility

TREES FOR WATER 

Kenya has continued to face the wrath of deforestation and forest degradation since independence. The effects of this are clear. Today, Kenya is among countries of the world with a forest cover of less than 10 percent of total land mass.

Deforestation is one of the factors triggered by escalating demand for food, fibre and fuel. This leads to degrading ecosystems, diminishing water availability and limiting the collection of fuelwood. Natural forests are critical for the survival of forest-dwellers, including many indigenous peoples, and they help deliver clean water to agricultural lands by protecting catchments. These are some of the reasons why we need to plant more trees.

• Air: reduce global warming from the energy saving shade created by the canopy/ improve air quality by producing oxygen

• Water: trees save water

• Shade from trees slows water evaporation from thirsty lawns. Most newly planted trees need only fifteen gallons of water a week. As trees transpire, they increase atmospheric moisture

• Social impact: trees bring diverse groups of people together ; Tree plantings provide an opportunity for community involvement and empowerment that improves the quality of life in our neighbourhoods

• Combat climate change by absorbing CO2 from the atmosphere.

• Reduce flooding: trees protect soil from erosion, reduce surface run-off and slow large floods.

REHABILITATION WAY TO GO!!

The PKFEA environmental policy tasks the firm with the role of raising environmental awareness in the community and where possible reduce the firm’s impact on the environment. However, the firm has over the years actively engaged in tree planting exercises in Embu and Kieni, where more than 2,000 indigenous trees were planted, and 85% of the tree are doing very well. 

With increased carbon emission, constant water rationing, temperature changes, and not forgetting change in natural beauty, it is time to call for urgent action. PKFEA has therefore taken further action to be at the forefront to actively participate in increasing the country’s forest cover to 10% in Kenya by 2022 and 15% by 2030. 

PKF Kenya has scheduled to embark on the project on the 16 November 2018. 

Vision:        Achieving 10% forest cover by 2022
Mission:     To galvanize a countrywide tree planting
Objective   To focus on the following 

The canopy cover currently stands at 7%. A gap of 3% which is 1.8 Billion trees and a further 5% which is 4.68 Billion trees need to be addressed in order to achieve a 10% and 15% coverage by 2022 and 2030 respectively. Kenya Forest Service targets indicate that for the country to achieve 10% cover, 360,000,000 seedlings per annum need to be planted to bridge the 3% forest cover deficit by 2022. In addition, Kenya Forest Service targets a further 3,000,000 seedlings per annum for the next 8 years to 2030 need to be planted to achieve 15% forest cover forest. Assuming all factors remain constant, an analysis of number of seedlings to be planted by each Kenyan based on the 49 million Kenyan population is as follows:

The firm therefore, in partnership with the Kenya Forest Service has a long term objective to plant 1,000,000 trees in 10 years which translates to 100,000 trees every year. For the project to be a success, the firm is looking into partnering with several stakeholders who have a similar interest. These are PKF associates, clients, staff, suppliers and any other corporate with a similar view of environmental conservation. 

Based on Kenya Forest Services statistics, cost of purchasing, planting and taking care of one tree for the next 3 years is estimated to Shs. 140. This will require Shs. 14,000,000 per annum for the next 10 years totalling to Shs. 140,000,000 in order to participate in bridging the current forest cover deficit