- Extreme weather events have led to catastrophic conditions across the world, including a 21% YoY increase in US wildfires thus far in 2021
- The situation has led to increased demand for tree, debris clearing services
- Due to extreme heat and ongoing drought, demand for Sustainable Green Team’s end products has seen dramatic increase
In July of 2021, a number of European countries such as Belgium, Germany, Luxembourg and the Netherland were devastated as they were lashed by up to two months’ worth of rain over the course of only two days, on ground which in many cases was “already near saturation” (https://ibn.fm/YjxKG). The floods due to extreme rain events in Western Europe – said to be the worst in a century – have claimed at least 188 lives. Similar extreme climate events have also manifested themselves in North America; California reportedly finds itself in the grips of the worst drought in over 1,200 years while Utah and Nevada have recently witnessed record temperatures. The extreme heat, coupled with a severe and ongoing drought, has led to a 21% year-over-year increase in wildfires—a lamentable situation which in turn has led to record levels of demand for tree and waste disposal services such as those proffered by the Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal.
Tree and debris removal has gained increased importance, both to recover sites following catastrophic weather events as well as to prevent future damage. For instance, the City of Malibu’s local government has launched a free, grant-funded fire hazard tree removal and chipper program to help residents prepare for wildfires (https://ibn.fm/c6ArH).
“Brush clearance and removing hazard trees are important ways to create defensible space to make your home more fire resistant, help firefighters stay safe while defending your home, and protect the whole community from wildfires,” said Malibu mayor Paul Grisanti. “Here in Malibu, the next big wildfire is just around the corner, not just in peak wildfire season. So it’s up to us all as individuals and as a community to do everything possible to be ready.”
SGTM’s subsidiary National Storm Recovery LLC specializes in providing customers with tree services and debris hauling as well as removal and bio-mass recycling, among other services. The company operates a vertically integrated model, which allows it to transform natural waste created by wildfires, hurricanes, ice storms and floods into useful organic products that benefit the environment through tree services. These services include debris hauling, biomass recycling, waste removal, mulch manufacturing, packaging and sales, and the production of playground surface material.
The increase in demand for SGTM’s debris clearing services has also coincided with increased demand for the company’s end-products. Sustainable Green Team’s focus on finding environmental solutions for waste products through the manufacture of mulch products has coincided with a greater-than-ever need for such product amidst the record heat wave currently affecting the country. Increasingly, landscape professionals and gardeners are taking advantage of mulch, which helps soil retain moisture and decreases the need for excessive watering (https://ibn.fm/oENLT).
“There are a number of advantages to adding mulch in your garden,” states a recent “Better Homes and Garden” article. “In the summer, mulch helps the soil hold moisture so you don’t have to water as often. In the hot sun, soil also tends to dry out faster and harden. Mulch will help protect the soil from baking in direct sunlight and keep your plants happy” (https://ibn.fm/NLREO).
To learn more about Sustainable Green Team Ltd., view the investor presentation at https://ibn.fm/LsNF9.
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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