Security Bank’s ‘Project MITHI’ champions coastal community resilience, wildlife conservation

Security Bank Corp., in collaboration with Oceanus Conservation and Communities for Nature, launched Project MITHI: A Resilient Futures Initiative, a landmark program focused on rehabilitating mangrove ecosystems, promoting wildlife conservation research, and enhancing the resilience of coastal communities.

Project MITHI—which stands for Mangrove-based Initiatives for Thriving Habitats and Inclusive Communities—aims to restore degraded coastal areas while supporting sustainable livelihoods. 

Building stronger, more sustainable futures together. Partnership officially sealed. (from left): Eduardo Olbes, EVP, Security Bank chief financial officer and sustainability committee chair; Nikki Lizares, Security Bank VP and sustainability head; Camille Rivera, director and co-founder of Oceanus Conservation; and Rhoda Phillips, chair and founder of Communities for Nature./ ​Photo from Security Bank

During its inaugural year, the initiative will benefit three coastal communities: two in La Union and one in Southern Negros, leveraging existing partnerships with Oceanus Conservation.

“MITHI is more than just an environmental program. It’s a collaborative effort to empower communities as active conservation stakeholders through habitat restoration, ecotourism, and livelihood opportunities,” Nikki Lizares, VP and sustainability head of Security Bank, said in a statement. “By engaging with these communities, we hope to amplify their voices and leadership in tackling the climate crisis.”

Eduardo Olbes, EVP, Security Bank chief financial officer and sustainability committee chair and Camille Rivera, director and co-founder of Oceanus Conservation./ Photo from Security Bank

The event was attended by key stakeholders, including Eduardo Olbes, Security Bank EVP, chief financial officer, and sustainability committee chair; Rhoda Phillips, chair and founder of Communities for Nature, and Camille Rivera, director and co-founder of Oceanus Conservation. Also present were Oceanus Conservation’s board members, project teams, local government unit (LGU) representatives, and a community leader from Aringay, La Union.

Following the launch, Oceanus Conservation and Communities for Nature will visit project sites in Aringay, La Union, and Bais City, Negros Oriental, to engage with partner communities and kickstart conservation efforts.

Eduardo Olbes, EVP, Security Bank chief financial officer and sustainability committee chair and Rhoda Phillips, chair and founder of Communities for Nature/Photo from Security Bank

Project MITHI’s key objectives:

  •  Restore and protect mangrove ecosystems by rehabilitating abandoned or unproductive fishponds
  •  Enable coastal communities through community-led ecotourism and conservation initiatives
  • Educate and inspire local residents with immersive climate solutions workshops and citizen science programs
  •  Foster sustainable livelihoods in partnership with coastal communities for long-term resilience --Ed: Corrie S. Narisma
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