Land Betterment Corporation Releases First Annual Public Benefit Report

The Annual Public Benefit Report discusses 2020 successes, 2021 goals and assessment as a benefit corporation
Jul 15, 2021 11:45 AM ET
Campaign: Land Betterment
Land Betterment Benefit Report

FISHERS, Ind., July 15, 2021 /3BL Media/ - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining and industrial sites to create sustainable community development and job creation, is proud to have released its annual public benefit report.   

In 2020, Land Betterment achieved the following initiatives:

  • Establish Land Betterment as a leader in governance and impact: The Company was formed in February 2020, just as the grips of the global COVID-19 pandemic was reaching the United States. While the founders saw tremendous growth potential for the business, they also saw the need to grow in a principled manner. The founders knew it was very important to have independent directors appointed to allow for proper governance as it scaled its innovative and impact-focused platform, even though the Company is private. As such, two outstanding independent directors were nominated and appointed during 2020. 

  • Impact is only as good as outreach: Knowing this, the Company partnered with 3BL Media, the leading distributor of corporate sustainability news. During 2020, Land Betterment’s news and achievements were viewed by over 700,000 unique parties. 

  • Begin hiring and formation of 1st environmental reclamation crew: Because of the strong demand  for its services, Land Betterment was able to hire and maintain over 40 full time positions during 2020 and performed environmental remediation work on numerous former mining sites. 

  • Initiate positive stakeholder communication: During 2020, Land Betterment held two stakeholder days. The events brought both regional and national stakeholders together for a day of open and frank discussion on how collaboration can bring true impact.

Land Betterment’s 2021 Initiatives include: 

Environmental Solutions: 

  • Continue to perform the fundamental work of land and waterway remediation and restoration while understanding that the foundation must be solid before moving forward on regional economic development. 

  • Broaden the population of projects undertaken, from coal mine restoration to other post-industrial sites. 

Sustainable Business Pillars: 

  • Betterment Harvest – begin initial propagation center in Appalachia while identifying growth projects.

  • Betterment Recycling – finalize equipment purchasing for two rubber recycling facilities.

  • Ekō – produce and deploy first ekō container-based homes.

  • Entrepreneur Zone – complete renovations and begin leasing space as a support and incubation hub for area businesses.

  • Pollinate – expand bee apiaries across reclamation areas to further support bee population and health.

  • Betterment Spirits – finalize engineering and begin construction of Coal Craft Spirits distillery in Jasonville, Indiana.

Kirk Taylor, President and Benefit Director of Land Betterment commented, “Being transparent with our stakeholders is paramount to providing real and sustainable impact.  Our first annual public benefit report sets the stage of talking about and achieving goals across all of our sustainable efforts.”  

To view Land Betterment’s 2020 Annual Public Benefit Report please click here.

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 Contacts:

Mark LaVerghetta
317.537.0492 ext. 0
Chief Governance Officer, Corporate Finance
info@landbetterment.com

Stephanie Conzelman
207.205.0790
Strategic Communications
info@landbetterment.com