Seven Investment Management’s work with World Land Trust achieved carbon neutrality for the investment firm in 2021.
7IM has leveraged WLT’s technology to measure and reduce its carbon footprint and offset its emissions through the group’s Conservation Coast Carbon Balanced project in Guatemala. The project supports local landowners and communities in registering and obtaining land titles to protect threatened areas of coastal forest.
Verona Kenny, managing director of Intermediary at 7IM, said: “7IM has always put sustainability as a priority so we are pleased to partner with World Land Trust to both offset our CO2 footprint for 2021 and support conservation through its Carbon Balanced Programme.”
It is the latest initiative by 7IM to reach its sustainability goals, which includes a 30% reduction of CO2 in Strategic Asset Allocation. The first phase of this commitment began in 2021, when 7IM assessed and made changes to its US equity exposure to reduce CO2 in its Strategic Asset Allocation. The second phase is due to start later this year.
Kenny added: “As many organisations look to reach their net-zero targets, we hope this partnership as well as our various other sustainable projects, will drive 7IM forward as an environmentally-conscious firm and underline our commitment to reducing carbon emissions and environmental preservation.”
