November 30, 2021 – The Penserra Foundation has announced a partnership with One Tree Planted, a nonprofit organization focused on advancing the United Nations’ 17 Sustainable Development Goals (SDGs) through global reforestation initiatives. The firm cares deeply about the planet and creating a business that maintains and rebuilds our environment. In recognition of Penserra’s commitment to sustainability, the foundation and One Tree Planted will collaborate on tree planting engagements throughout California and Illinois.
“Wildfires have devastated vast parts of this country, including millions of acres in California alone,” says Penserra CEO Jorge Madrigal. “Penserra strongly believes in preserving our forests and offsetting our carbon footprint. We look forward to launching this new initiative with One Tree Planted to preserve our planet’s beauty and health.”
One Tree Planted is focused on the six pillars of global reforestation- air, water, biodiversity, social impact, health, and climate. Planting trees is one of the best ways to combat the damaging effects of climate change. Trees also provide tremendous social impacts by providing jobs to over 1.6 billion people, empowering women in underdeveloped nations, and supporting communities devastated by environmental damage.
This partnership aligns with Penserra’s approach to a sustainable infrastructure. By thinking and acting with a goal of sustainability, Penserra will be positioned for a strong future. Sustainability is a business method that ensures responsibility in a manner that protects our employees, communities, stakeholders, and the environment, now and in the future.
Founded in 2007, Penserra is an institutional financial services firm with offices located in New York, Chicago, Newport Beach, CA and the San Francisco Bay Area. Services include Global Equity Trading, Fixed Income Trading, Investment Banking, ETF Sub-Advising, Active Investment Management, and Equity Research. Penserra is a certified Minority-Owned Business Enterprise (MBE).
About One Tree Planted
One Tree Planted is a 501(c)(3) nonprofit on a mission to make it simple for anyone to help the environment by planting trees. Their projects span the globe and are done in partnership with local communities and knowledgeable experts to create an impact for nature, people, and wildlife. Reforestation helps to rebuild forests after fires and floods, provide jobs for social impact, and restore biodiversity. Many projects have overlapping objectives, creating a combination of benefits that contribute to the UN’s Sustainable Development Goals. To learn more, visit onetreeplanted.org