STOCK TITAN

Bread Financial, Cleveland Cavaliers Partner to Help Plant a Billion Trees

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
partnership
Rhea-AI Summary

Bread Financial has partnered with the Cleveland Cavaliers and The Nature Conservancy to plant over 58,000 trees globally. This collaboration aims to contribute to major forest restoration efforts, addressing climate change and biodiversity loss. On March 17, the company announced a donation of $116,592 to TNC's Plant a Billion Trees campaign during a Cavaliers game, equivalent to $2 for each attendee at three recent 'City Edition' game nights. This initiative aligns with Bread Financial's commitment to sustainability and environmental responsibility.

Positive
  • Partnership with Cleveland Cavaliers and The Nature Conservancy enhances brand image.
  • Donation of $116,592 contributes to sustainability efforts, potentially improving investor sentiment.
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / March 30, 2023 / Bread Financial

With a shared committed to sustainability initiatives and practices, Bread Financial and the Cleveland Cavaliers have partnered with The Nature Conservancy (TNC) to plant more than 58,000 trees across the world!

On March 17, Bread Financial unveiled a donation of $116,592 to TNC's Plant a Billion Trees campaign at halftime of the Cavs game against the Washington Wizards, contributing $2 in honor of each attendee at three "City Edition" game nights held over the past three months at Rocket Mortgage FieldHouse. 🌳 🏀

Learn more about TNC's Plant a Billion Trees project, a major forest restoration effort aimed at slowing the connected crises of climate change and biodiversity loss here.

Learn more about our partnership with the Cavaliers.

Bread Financial, Thursday, March 30, 2023, Press release picture


View additional multimedia and more ESG storytelling from Bread Financial on 3blmedia.com.

Contact Info:
Spokesperson: Bread Financial
Website: https://www.3blmedia.com/profiles/bread-financial
Email: info@3blmedia.com

SOURCE: Bread Financial



View source version on accesswire.com:
https://www.accesswire.com/746851/Bread-Financial-Cleveland-Cavaliers-Partner-to-Help-Plant-a-Billion-Trees

FAQ

What is the partnership between Bread Financial and the Cleveland Cavaliers?

Bread Financial has partnered with the Cleveland Cavaliers and The Nature Conservancy to plant over 58,000 trees worldwide as part of sustainability efforts.

How much did Bread Financial donate to The Nature Conservancy?

Bread Financial donated $116,592 to The Nature Conservancy's Plant a Billion Trees campaign.

What is the goal of the Plant a Billion Trees campaign?

The Plant a Billion Trees campaign aims to restore forests to combat climate change and biodiversity loss.

When was the donation announced?

The donation was announced on March 17 during a Cavaliers game against the Washington Wizards.

Bread Financial Holdings, Inc.

NYSE:BFH

BFH Rankings

BFH Latest News

BFH Stock Data

3.08B
49.31M
0.7%
105.35%
6.32%
Credit Services
Personal Credit Institutions
Link
United States of America
COLUMBUS