SIPP provider Curtis Banks has launched a new tree planning initiative that will see more than 38,000 trees planted during 2023.

The move is a collaboration with Ecologi, a platform that looks to reverse and halt climate change.

The Curtis Banks Group will pay for the planting of trees for each commercial property that it currently holds on behalf of its clients for Curtis Banks and Talbot and Muir.

It will also pay for the planting of an additional 30 trees for every new commercial property that it acquires in 2023.

It will plant 19,000 trees for its existing commercial property portfolio this year as well as another 30 trees for each new commercial property the group acquires on behalf of its clients.

It will also plant more than 8,000 trees for the employees of the Curtis Banks Group.

The company said the move is part of its ESG policy, “which demonstrates the Group’s continued dedication to recognising their ongoing commitments to their staff, customers, communities and the wider environment by providing the best outcomes for all, as well as addressing important issues to society, the economy and the environment.”

Toby Larkman, chief commercial officer, Curtis Banks, said: “Where metrics may usually be reserved for those working directly on a project, all of the trees we fund for planting will be viewable in a virtual forest, meaning all employees can be actively involved and monitor progress, as well as learn more about the fantastic difference they are making for both biodiversity and local communities.

“Here at Curtis Banks, we recognise the wider role we must play in the world in making it a better place for future generations. This new initiative demonstrates the importance that we place on creating a sustainable future and our commitment to doing our part.”

Ecologi said: “Responsible tree planting is incredible for the climate, for enhancing biodiversity, and for supporting local communities. By working with our trusted reforestation partners, the trees funded by Curtis Banks actively work to improve our planet, and we couldn't be happier to bring this impact to life."