In celebration of Earth Day, April 22, 2025, South Street Securities Holdings, Inc. ("South Street") proudly continues its commitment to global reforestation through its ongoing partnership with Evertreen.
-- In celebration of Earth Day, April 22, 2025, South Street Securities Holdings, Inc. ("South Street") proudly continues its commitment to global reforestation through its ongoing partnership with Evertreen. Now in its fourth year, this collaboration has resulted in the planting of 9,724 trees across Honduras, Kenya, Brazil and Madagascar. These efforts have successfully offset 5,751.60 tons of CO₂ while creating 1,215.50 working hours for local communities.
Since the launch of the partnership in 2022, South Street has steadily expanded its impact. The company first planted 1,200 trees in Honduras, followed by 4,000 trees in Kenya in 2023 and winning the FTF News Philanthropic Award. In 2024, an additional 2,024 trees were planted in Madagascar to honor Earth Day. This year, South Street has further extended its reach by planting 2,500 trees in Brazil, reinforcing its dedication to environmental sustainability.
"We are thrilled to strengthen our partnership with Evertreen for a fourth consecutive year, as their innovative platform enables us to contribute meaningfully to global reforestation and carbon offsetting," said James Tabacchi, President and CEO of South Street Securities Holdings, Inc. "By participating in this initiative, we reaffirm our commitment to environmental responsibility while supporting communities in need."
Evertreen’s advanced technology not only facilitates tree planting, but also ensures transparency and accountability through satellite monitoring. Additionally, this initiative has provided stable employment opportunities for hundreds of local farmers, driving economic growth in the regions where trees have been planted.
"Our long-standing collaboration with Evertreen reflects our unwavering commitment to sustainability and environmental stewardship," added Stephen Mellert, Head of Business Development at Matrix Applications LLC. "Each year, we see the tangible impact of this initiative and we remain dedicated to making a lasting difference for both the planet and local communities."
South Street’s dedication to environmental, social and governance (ESG) principles remains a cornerstone of its operations. Through this initiative, the company continues to integrate sustainable practices into its business model, making a measurable impact on global reforestation efforts.
To explore the South Street Securities Holdings Forest and learn more about their reforestation initiatives, follow this link: https://www.evertreen.com/forest/66d72a9025950 !
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