Pella Funds Management has successfully offset its carbon emissions for the 2024 financial year through the purchase of verified carbon credits from the Mai Ndombe REDD+ Project in the Democratic Republic of Congo. The offset calculation and procurement process was undertaken with the support of Pangolin Associates, a leading sustainability advisory firm.

The Mai Ndombe REDD+ Project is recognised globally for its contributions to forest conservation, biodiversity protection, and sustainable development. It is aligned with numerous United Nations Sustainable Development Goals and delivers measurable social and environmental co-benefits.

Steven Glass, Managing Director & Investment Analyst at Pella, commented “We are proud to have offset our FY24 emissions through a high-integrity project that protects biodiversity and supports vulnerable communities. This reflects our commitment to operational sustainability and aligns with our broader goal of helping investors thrive without compromising the planet or future generations.”

This initiative follows Pella’s long-standing policy of maintaining a low operational carbon footprint and transparently addressing the environmental impact of its business activities. The firm continues to encourage its portfolio companies to improve their environmental disclosures and emission reduction strategies.