- Sustainable investing saw record increases despite overall market downturn in Q1 2020
- ESG ratings take into account environmental, social and governance factors of interest to investors
- SGTM operates with mission to serve, protect environment while providing synergistic solutions to waste disposal problems
- SGTM Q2 2020 results include over $12.3 million in revenue, $3.4 million in gross profit, nearly doubled from Q1
Investment markets post-COVID-19 saw record first-quarter inflows to sustainable funds that take environmental, social and governance (“ESG”) ratings into account, along with traditional financial metrics (http://ibn.fm/2EG5j). Sustainable Green Team (OTC: SGTM), a leading provider of environmentally-beneficial solutions for tree and storm waste disposal, experienced impressive gains alongside this market shift through a surge in its activities that transform natural waste into useful organic products that benefit the environment
Environmental, social and governance factors are increasing in importance among investors—particularly those focused on issues concerning environmental waste, climate change, resource scarcity, labor practices and product safety. Despite recent market turmoil and extreme price volatility, many ESG-focused funds have outperformed the broader market this year (http://ibn.fm/GQQK2), suggesting an overall change in sentiment among investors that prioritize ESG issues as a part of their investment strategy. SGTM is among those companies that takes ESG factors seriously, making environmental stewardship central to its operations.
“At the end of the day it’s important to share that belief that we are stewards of the environment, and that shouldn’t be understated,” said SGTM CEO Tony Raynor in a recent interview (http://ibn.fm/aQNji). “We really enjoy it, and we’re passionate about what we do.”
Formerly known as National Storm Recovery Inc., SGTM provides synergistic and environmentally beneficial solutions to tree and storm waste disposal that would otherwise create an environmental burden on landfills and disposal sites throughout the United States. Through its subsidiaries, the company provides tree services, debris hauling, and waste removal in its overall effort to transform organic waste into products such as mulch and playground surface material. The company recently announced its impressive Q2 results that include over $12.3 million in revenue and $3.4 million in gross profit (http://ibn.fm/GhZC9) – almost double its Q1 results of $6.2 million and $1.7 million, respectively (http://ibn.fm/iiwQT).
STGM’s explosive growth can be attributed to several factors in line with its corporate strategy that is focused on expansion, investment and revenue stream diversification. The company recently acquired Mulch Manufacturing Inc., a 35-year-old industry leader and innovator in mulch manufacturing that significantly expanded SGTM’s footprint through its established networks in sales, distribution and production. Along with the acquisition were significant corporate investments that included the purchase of grapple hauling trucks and construction upgrades to its waste management landfill facility, enabling the company to increase production of its organic next-generation mulch products and playground surface material.
With a focus on ESG principles, SGTM takes its mission of protecting and serving the environment seriously, providing solutions for tree and storm waste disposal that otherwise would have created a burden on local landfills and waste disposal sites. Despite the current economic environment, SGTM continues to grow as demand for its services increases among its wide range of public and private-sector clients.
To learn more about Sustainable Green Team Ltd., view the investor presentation at http://ibn.fm/jvrhi.
NOTE TO INVESTORS: The latest news and updates relating to SGTM are available in the company’s newsroom at http://ibn.fm/SGTM
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