Bird Announces Its Commitment to Sustainability by Planting Trees in Indianapolis
June 02 2023 - 08:00AM
Business Wire
Bird partners with One Tree Planted to plant a
tree locally for every ride taken on Thursday, June 1, 2023 and
Friday, June 2, 2023
Bird Global, Inc. (NYSE:BRDS), a leader in environmentally
friendly electric transportation, announced today its next campaign
with strategic partner One Tree Planted to amplify its
sustainability impact in Indianapolis, Indiana.
With Bird's commitment to a more sustainable future at the
forefront of its operations, the company remains focused on
reducing gas-powered car trips, decreasing traffic congestion, and
lowering carbon emissions. For the past four years in Indianapolis,
Bird riders have taken over one million rides, using Bird
e-scooters and e-bikes to get to work, run errands, meet friends,
and connect to public transit--culminating in a 127 metric ton
reduction of CO2 emissions.
This June, Bird is partnering with One Tree Planted to donate
money from every ride taken in Indianapolis, Indiana to plant trees
locally. By choosing to ride Bird, Indianapolis riders are actively
choosing sustainable transport, and giving back to their community.
The campaign will support environmental conservation and
restoration in Indianapolis, Indiana, resulting in trees planted
where they're needed most, in order to make a meaningful impact on
the environment.
Today, there is increased recognition of the importance of
adopting sustainable practices in our daily routines. Alongside
opting for eco-friendly alternatives like e-scooter or e-bike rides
instead of driving, Bird motivates its riders to contribute to a
greater cause. Planting trees is consistently identified as one of
the most effective methods to combat the detrimental consequences
of climate change. Trees play a crucial role in purifying the air
we breathe, purifying the water we consume, and serving as habitats
for over 80 percent of the Earth's land-based biodiversity.
"We are thrilled to partner with Bird US on an urban forestry
project located in an Indianapolis neighborhood. The trees that are
planted will have a considerable impact on residents' quality of
life and help build a more resilient community overall,” One Tree
Planted Founder and Chief Environmental Optimist Matt Hill,
said.
About Bird
Bird is an electric vehicle company dedicated to bringing
affordable, environmentally friendly transportation solutions such
as e-scooters and e-bikes to communities across the world. Bird’s
cleaner, affordable, and on-demand mobility solutions are available
in more than 350 cities, primarily across Canada, the United
States, Europe, the Middle East, and Australia. We take a
collaborative, community-first approach to micromobility. Bird
partners closely with the cities in which it operates to provide a
reliable and affordable transportation option for people who live
and work there.
Forward-Looking Statements
This press release contains forward-looking statements. We
intend such forward-looking statements to be covered by the safe
harbor provisions for forward-looking statements contained in
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. All
statements other than statements of historical facts may be
forward-looking statements. Such forward-looking statements
include, but are not limited to, statements regarding the expected
benefits of the transaction; our intention to close on additional
funding this quarter; our path to profitability and our future
financial performance, operations, operating results and financial
condition. We have based these forward-looking statements largely
on our current expectations. These forward-looking statements
involve known and unknown risks, uncertainties and other important
factors that may cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements, including, but not limited to, our
ability to cure our New York Stock Exchange (“NYSE”) price
deficiency and meet the continued listing requirements of the NYSE;
risks related to our relatively short operating history and our new
and evolving business model, which makes it difficult to evaluate
our future prospects, forecast financial results, and assess the
risks and challenges we may face; our ability to achieve or
maintain profitability in the future; our ability to retain
existing riders or add new riders; our Fleet Managers’ ability to
maintain vehicle quality or service levels; our ability to evaluate
our business and prospects in the new and rapidly changing industry
in which we operate; risks related to the impact of poor weather
and seasonality on our business; our ability to obtain vehicles
that meet our quality specifications in sufficient quantities on
commercially reasonable terms; our ability to compete successfully
in the highly competitive industries in which we operate; risks
related to our substantial indebtedness; our ability to secure
additional financing; risks related to the effective operation of
mobile operating systems, networks and standards that we do not
control; risks related to action by governmental authorities to
restrict access to our products and services in their localities;
risks related to claims, lawsuits, arbitration proceedings,
government investigations and other proceedings to which we are
regularly subject; risks related to compliance, market and other
risks, including the ongoing conflict between Ukraine and Russia,
in relation to any expansion by us into international markets; any
continuing impact of the COVID-19 pandemic on our business,
financial condition, and results of operations; risks related to
the impact of impairment of our long-lived assets and the other
important factors discussed in Part I, Item 1A. “Risk Factors” in
our Annual Report on Form 10-K for the year ended December 31, 2022
, and described from time to time in our future reports filed with
the Securities and Exchange Commission. The forward-looking
statements in this press release are based upon information
available to us as of the date of this press release and while we
believe such information forms a reasonable basis for such
statements, these statements are inherently uncertain and you are
cautioned not to unduly rely upon these statements. Except as
required by applicable law, we do not plan to publicly update or
revise any forward-looking statements contained in this press
release, whether as a result of any new information, future events
or otherwise.
About One Tree Planted
One Tree Planted is a 501(c)(3) nonprofit that is dedicated to
global reforestation. They plant trees to restore nature and
biodiversity. They also raise awareness about the importance of
trees, offer businesses like ours a simple sustainability solution,
and motivate younger generations to do something positive for the
environment.
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