Did you know that 15.3 billion trees are cut down each year? This is enough to provide each person on the planet with roughly 3,000 rolls of toilet paper. Trees are essential for so many reasons but to mention just a few; they combat global warming to help create better air and water quality, as well as prevent a warming & rising ocean that could cause the loss of certain species.
Most people understand the challenges that are associated with climate change and the big question is:
‘How are we going to overcome this?’
In July 2021, Moneyweb launched a range of portfolios that incorporates sustainable, or responsible investment, which is a catch-all term to broadly describe funds that invest to make a positive change either to the environment or society.
The launch was met with a great response, as those who already make unknowingly impactful decisions in their daily lives such as recycling, felt they wanted to incorporate a portion into their investments. Now that our clients have a way to invest for the ‘greater good’, we felt that the next step would be at a company level, hence agreed to start contributing to ‘Trees for Nidderdale’ that are working towards a zero-carbon Harrogate by 2030.
The average person emits 12 tonnes of CO2 annually and with currently 17 members of staff (204 tonnes), we look forward to reducing the amount emitted from our office.
Our mission is to plant one tree for every client that invests in one of our sustainable portfolios, and on March 4th 2022 the team started by personally planting 168 trees to offset 20 tonnes of CO2 each year.
In February 2023 we went to Grantley, Ripon to plant a further 222 trees along with some members of Trees for Nidderdale. By planting these trees, we have offset a further 26 Tonnes of CO2 each year.
So far we have planted 390 trees and offset 46 tonnes of CO2 each year.
To read more about ‘Trees for Nidderdale’ visit: Trees For Nidderdale