Columbus, Ohio–(BUSINESS WIRE)–Bread FinancialMT (NYSE: BFH), a leading-edge financial services company that provides simple and flexible payment, loan and savings solutions, today announced a donation to The Nature Conservancy (TNC) that will support nature-friendly economic development opportunities in moderate-income communities in Appalachia and support conservation efforts to sustainably manage, restore and protect forests. An additional donation to The Nature Conservancy India will support its efforts to provide access to clean energy.
The recent donation marks the second year in a row that Bread Financial has supported TNC’s mission and work to protect our planet and fight climate change through actions that limit the rise in average global temperatures. In Appalachia, Bread Financial will support TNC’s investments in natural climate solutions, including its efforts to sustainably manage, restore and protect forests and other lands, while in India, the donation will support wind and solar projects. that will help the country achieve its renewable energy goals. energy goals.
Committed to strengthening the financial well-being of communities, Bread Financial’s sustainability goals also align with conservation efforts to generate nature-friendly economic development and jobs. The donation will support the financial well-being of communities and individuals in need by providing people in Appalachia who live below the poverty line with sustainable and environmentally friendly economic opportunities.
“Bread Financial recognizes the importance of environmental stewardship and the risks that environmental challenges, including climate change, increasingly pose to our business, associates, customers, customers and the communities we serve. said Ralph Andretta, President and CEO. , Financial Bread. “I am proud to share the positive impact of our actions and investments to protect and preserve our planet while promoting financial well-being. »
“We are thrilled to receive this donation from Bread Financial, which supports TNC’s commitment to accelerating the responsible stewardship of our landscapes in ways that improve people’s lives,” said Angie Watland, Central Appalachians Program Director, The Nature Conservancy. . “The health of our natural spaces is inextricably linked to the health and well-being of our communities. We are all united by nature and conservation should embody this.
Bread Financial’s donation to TNC supports several programs across the organization, including:
- The Family Forest Carbon Program. TNC partners with the American Forest Foundation to make carbon finance available to the 11 million family forest owners in the United States for the first time. TNC works with forest owners to protect these critical large-scale forest habitats while improving the management of private forests for long-term sustainability, providing income through market access, and fighting climate change by sequestering carbon.
- Mining the sun. This program aims to drive economic prosperity in West Virginia, where TNC has built a strong network to create a roadmap for placing solar farms on former mining lands, brownfields and other industrial sites, transforming unproductive land into assets, generating jobs and tax revenue, reducing greenhouse gas emissions and conserving vital natural landscapes.
- Native tribes: In Maine and New York, TNC works with traditional communities to understand and include their connection to the lands and waters of Appalachia as we protect lands vital to a healthy forest in a changing climate.
- Right of the site: The SiteRight tool can help select locations for solar and wind projects that can help meet India’s renewable energy goals while avoiding negative impacts on the environment and people.
Bread Financial is a goal-oriented financial services company committed to exploring and implementing sustainable practices in all of its business and operations. Its commitment to protecting our planet includes actions to reduce the waste it sends to landfills, cultivate a more sustainable supply chain and reduce its greenhouse gas emissions.
To learn more about Bread Financial’s commitment to sustainability, visit BreadFinancial.com. For more information on The Nature Conservancy, visit Nature.org.
About Bread Financial
bread financialMT (NYSE: BFH) is a leading-edge financial services company that provides simple, personalized payment, lending and savings solutions. The company creates opportunities for its customers and partners through digital choices that deliver ease, empowerment, financial flexibility, and exceptional customer experiences. Driven by a digital approach, data insights and white-label technology, Bread Financial drives partner growth through a full suite of products, including private label and co-branded credit cards, loans installment and buy now, pay later (BNPL ). Bread Financial also offers direct-to-consumer solutions that give customers more access, choice and freedom through its brand. Reimbursement of breadMT American Express® Credit card and Savings on breadMT some products.
Formerly Alliance Data, Bread Financial is an S&P MidCap 400 company headquartered in Columbus, Ohio, committed to sustainable business practices powered by its more than 6,000 associates worldwide. To learn more about Bread Financial, visit BreadFinancial.com or follow us on Facebook, LinkedIn, Twitter and instagram.
About The Nature Conservancy
The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world’s toughest challenges so nature and people can thrive together. We fight climate change, conserve land, water and oceans on an unprecedented scale, provide food and water sustainably, and help make cities more sustainable. Working in 79 countries and territories, we use a collaborative approach that involves local communities, governments, the private sector and other partners.
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