Bricklane properties are carbon neutral with Wren
All of the properties in our portfolios are carbon neutral as of 2020.
We are working with Wren, a California based start up, to offset emissions from our properties by sponsoring a community tree planting scheme called The International Small Group and Tree Planting Program (TIST). The project helps subsistence farmers in Kenya, Uganda and Tanzania.
How does TIST work?
- TIST hosts workshops and provides funding for farmers to plant trees and benefit from their environmental and economic/social impact.
- Farmers form small groups to support each other as they grow new trees and get paid by TIST to maintain the groves.
- As trees mature, they sequester carbon and provide valuable resources like fruit, fuel, windbreaks, and more.
- Quantifiers contracted by TIST measure the growth of each grove and make the real time data available to anyone.
TIST has planted over 18 million trees over 20 years and almost all of them are still thriving. They have pioneered a successful model which keeps planted trees growing and provides social benefits to farmers.
Alongside the positive climate impact, TIST participants have also created over $140 million of economic benefits, in addition to sales from carbon credits. TIST helps build leadership in the communities they work in, and 50% of the leaders they help are women.
This project is certified by Verra Carbon Standard, an organisation that verifies the amount of carbon offset by projects.
We’ll be continuing to work with Wren to ensure our portfolios are carbon neutral and exploring other ways to improve our impact in future.
For more information about our properties or to invest, go to bricklane.com.
As with all investing, your capital is at risk. Your investment may go down, as well as up. Although the shares are listed, if you want to sell them, there is no guarantee that you will find a buyer within a time-frame or at a price, acceptable to you. The REITs invest in residential property, which are not highly liquid assets. Rental yields and dividends may be lower than estimated.
Tax rules and allowances depend on individual circumstances and may change. The opinions contained within this blog do not constitute investment advice. Bricklane does not give advice. If you are unsure about whether investment is right for you, you should seek independent advice before investing, including tax advice.
This promotion is issued by Bricklane Investment Services Ltd. which is an appointed representative of Gallium Fund Solutions limited (reference number: 487176), which is authorised and regulated by the financial conduct authority.
About Bricklane
Bricklane enables investors to efficiently and flexibly access the UK’s largest asset class — residential property.
Since 2016, Bricklane has enabled thousands of customers to invest in diversified, geographically focused residential property portfolios, tax-efficiently in their ISAs and pensions.
Compass, Bricklane’s proprietary tech platform, enables the intelligent, cost-effective assembly of diversified portfolios of residential property. Tenants in Bricklane properties receive a professional service, with 3 year tenancies as standard, and responsive property managers.
The business is backed by a range of leading investors including LocalGlobe, A/O Proptech, DMG Ventures, and Zoopla, and is chaired by Oren Peleg (formerly CEO of Fitness First and Managing Director of Oaktree Capital Management).
