Land Betterment Corporation Commences the Monetization of Impacted Land Swap Credits through its Land Betterment Exchange
The Company’s Environmental Solutions division is driving innovation in land reclamation and repurposing
FISHERS, Ind., February 3, 2021 /3BL Media/ - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining sites to create sustainable community development and job creation, today announced that the Company’s Environmental Solutions division is driving innovation and efficiencies in reclaiming former coal mining and industrial lands through the launch of its Land Betterment Exchange (“LBX”).
The LBX has begun leveraging the Company’s efficient land reclamation efforts by providing a wide variety of companies an environmental offset, or swap, for any new development growth that a company is undertaking that requires the disturbance of land and its natural environment. The leading companies of the world today are committing to stop the impact of land as they grow. The LBX is a way for these companies to create positive environmental outcomes while also generating real job creation.
Mark LaVerghetta, Chief Governance Officer of Land Betterment commented, “As a company, we strive to create real-world and efficient solutions to problems while considering all stakeholders. The LBX is an innovative and modern approach to land reclamation and provides a cohesive and integrated land-swap process for leading companies as they grow, while also expanding our opportunity to repair the environment, create good jobs to former coal miners and provide new opportunities for these communities.”
Land Betterment’s Environmental Solutions division is the foundation of the Company’s solution-based approach to transition our economy away from a coal-based fuel source. The Company has successfully completed environmental bond releases representing over $21,000,000 and approximately 7,000 land acres over the past 5 years. With the number of environmental liabilities expected to accelerate as thermal coal usage declines as part the energy mix, Land Betterment is looking to scale its operations to meet the pressing needs of these communities.
To learn more about Land Betterment’s Environmental Solutions Division, visit:
About Land Betterment Corporation
Land Betterment Corporation, an Indiana Benefit Corporation and Pending B-Corp, is an environmental solutions company focused on fostering a positive impact through upcycling former coal mining sites to create sustainable community development and job creation. The Company utilizes a complete solution-based lifecycle program to restore and rehabilitate the environment and revitalize communities in need of change and opportunity. Land Betterment accomplishes this by identifying un-reclaimed, run-down and neglected coal mining sites, fixing the environment through reclamation and remediation, and then repurposing the land to support a sustainable business that serves the community. Land Betterment firmly believes that with real solutions it is possible for restoration of impacted areas to live side-by-side long term employment, while building sustainable and safe surroundings for communities and our planet. For more information visit landbetterment.com or connect with the Company on Facebook, Twitter, and LinkedIn.
Special Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company’s actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond Land Betterment Corporation’s control. The words “believes”, “may”, “will”, “should”, “would”, “could”, “continue”, “seeks”, “anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.
Company Contact:
Mark LaVerghetta
317.537.0492 ext. 0
Chief Governance Officer, Corporate Finance
info@landbetterment.com
