Over 5,000 trees planted through Shire’s Tree for a Lease pledge

To mark Earth Day 2022 on April 22, Shire Leasing has reached a key milestone in its ongoing Tree for a Lease programme, having commissioned the planting of over 5,000 trees.

Through its partnership with Play It Green, an organisation offering a simple and accessible way to support reforestation whilst lowering carbon footprints, every new lease transaction Shire Leasing funds results in a tree being planted. Its current planting programme is taking place in the North West of Madagascar, a country where over 90% of rainforests have been lost.

The long-term benefit on the environment is tremendous as a single tree stores on average 22kg of CO2 per year and in exchange releases oxygen. Shire’s forest will go on to absorb over 110 tonnes of carbon dioxide from the Earth’s atmosphere each year, with this increasing as forest numbers are built further.

Shire’s Tree for a Lease programme not only helps support the environment, but it also offers long-term employment, gender equality and livelihood to the local communities planting and managing the mangrove and upland forests at the three tree-planting sites in North-West Madagascar.