Wealth Management and Investment Advisory
Search documents
VLM Group Launches Carbon-Offset and Biodiversity Initiative
Globenewswireยท 2025-11-14 06:08
Core Viewpoint - VLM Group has launched a Carbon-Offset and Biodiversity Initiative aimed at reducing its operational footprint and supporting global ecological restoration projects, reflecting its commitment to environmental stewardship and responsible investing [1][3]. Group 1: Initiative Overview - The initiative will focus on three primary areas: carbon reduction and offsetting, biodiversity restoration, and sustainable engagement [3][6]. - The program aims to integrate environmental awareness into all aspects of the business, emphasizing the firm's responsibility to contribute to global sustainability goals [3][4]. Group 2: Carbon Reduction and Offsetting - VLM Group plans to measure, disclose, and offset 100% of its operational greenhouse gas emissions by investing in certified carbon credit programs that support renewable energy and reforestation projects across Asia and Africa [6]. Group 3: Biodiversity Restoration - The firm will collaborate with accredited conservation groups to co-finance reforestation and wetland restoration projects, which are designed to preserve native ecosystems and protect endangered species [6]. Group 4: Sustainable Engagement - VLM Group will incorporate biodiversity metrics into its due diligence framework and work with partners to adopt global sustainability standards, including the UN Principles for Responsible Investment (PRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) [6]. Group 5: Implementation Timeline - The Carbon-Offset and Biodiversity Initiative is set to begin implementation in early 2026, with initial projects planned for China's Yangtze River Basin and Kenya's Great Rift Valley [4].