Through Tree-Planting Partnership With Evertreen, Diamond Lake Minerals (OTCMKTS: DLMI) Seeks To Send Out Message: The Future Of Finance Can Indeed Also Be Green
Detroit, Michigan
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January 12, 2024 09:00 AM Eastern Standard Time
By Austin DeNoce, Benzinga
Over the last several years, environmental awareness and the need for sustainable practices have grown into a business imperative across developed economies. Sustainability and environmental consciousness are now driving many investments, with the rise of environmental, social and governance (ESG) investing. Recognizing this, Diamond Lake Minerals Inc. (OTCMKTS: DLMI), a pioneer in the development and support of digital assets and SEC-registered security tokens, has joined forces with the eco-conscious platform Evertreen, marking a significant stride in its commitment to ecological leadership and corporate responsibility.
A Partnership Rooted In Environmental Consciousness
Evertreen is a platform dedicated to environmental conservation through reforestation. It provides individuals and businesses the opportunity to offset their carbon emissions and alleviate poverty around the world by planting trees through partner farmers.
With that in mind, Diamond Lake Minerals's collaboration with Evertreen is a testament to its own dedication to environmental conservation. By initiating the planting of 500 mangrove trees in Kenya, the company has planted 1,000 total trees with 308 tons of CO2 being absorbed. Mangroves were specifically chosen for their unique benefits, including erosion prevention, carbon sequestration and supporting biodiverse ecosystems and local communities. This planting is also just the start of a more extensive campaign, with the vision to plant millions of trees over the next decade as part of its long-term commitment to environmental sustainability.
Notably, this initiative also contributes to a number of United Nations Sustainable Development Goals (UN SDGs), demonstrating Diamond Lake Minerals' ability to align its broader vision of integrating ethical business practices with technological advancement. Planting trees supports opportunities for income and livelihood through sustainable forestry and eco-tourism, addressing SDG 1 (Less Poverty); contributes to climate action (SDG 13) by absorbing carbon dioxide, thereby mitigating the impact of human-influenced climate change; and enhances life on land (SDG 15) by providing habitat for wildlife, preventing soil erosion and promoting biodiversity to create a healthier ecosystem.
Support For The Initiative
The initiative from Diamond Lake Minerals and Evertreen has garnered backing from a wide range of circles, including a panel of expert advisors and professionals like Anthony Scaramucci, Larry Namer, Andrew Fromm, Brandon Fugal, Michael Malik Sr., Raul Leal, Agnes Budzyn, David Meltzer and Marty Pompadur have joined the company, bringing years of expertise and success. Each individual from the panel brings a unique perspective and expertise across a variety of sectors under a unified mission and commitment to a sustainable future.
Naturally, the initiative is also championed by Diamond Lake Minerals CEO Brian J. Esposito, who stated, "We are committed to doing everything we can with the power and reach of DLMI, our subsidiaries, and with the support of our wonderful partners around the world, to bring attention and focus to deforestation and great initiatives and companies like Evertreen that can help combat this."
The Legacy Of Diamond Lake Minerals And Evertreen
Diamond Lake Minerals and Evertreen's partnership represents more than just tree planting; it's a narrative of hope, action and leading by example. It underscores a crucial point that businesses can and should play a pivotal role in environmental conservation. As Diamond Lake Minerals continues to weave its expertise in digital and traditional asset management, its foray into eco-conscious projects highlights a powerful message: the future of finance can indeed be green, ethical and innovative.
Ultimately, Diamond Lake Minerals is working to bridge the worlds of traditional finance and the burgeoning field of decentralized finance (DeFi), with a focus far beyond financial innovation. The company aims to become a trailblazer within the nascent industry by demonstrating that the future of money and digital assets can harmoniously coexist with a commitment to our planet's health.
As Diamond Lake Minerals and Evertreen sow seeds for a greener tomorrow, they not only contribute to a healthier planet but also set a precedent for how businesses can integrate environmental responsibility into their core values. Needless to say, their journey is a compelling story nurturing a legacy that extends beyond balance sheets to a greener, more sustainable world.
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