PwC Bermuda Supports Living Reefs Foundation
PwC Bermuda announced a multi-year commitment to the Living Reefs Foundation, a local marine conservation organization dedicated to protecting and restoring Bermuda’s critical coral reef ecosystems.
A spokesperson said, “The support consists of assurance service hours annually for five years and $60,000 in financial support for the Foundation’s Coral Garden initiative, including the development of a snorkel trail in Castle Harbour and contribution to purchase a new engine for the organisation’s research boat.”
“We are delighted to support the Living Reefs Foundation in their mission to preserve Bermuda’s vibrant coral reefs,” said Marisa Savage, Partner, PwC Bermuda.
“By providing both critical equipment and financial support and assurance services, we hope to support and empower the Foundation to carry out their conservation work more effectively. Building climate resilience is a cornerstone of our corporate responsibility strategy. PwC is committed to leveraging our resources and expertise to support sustainable environmental initiatives that benefit the island and our future generations.”
The spokesperson said, “The Foundation is at the forefront of coral reef conservation in Bermuda, engaging community members, divers, and scientists alike in efforts to rehabilitate damaged reefs and promote sustainable marine practices.”
“We are incredibly grateful to PwC Bermuda for their generous support, which is helping to advance our mission to protect and restore Bermuda’s coral reefs, Dr. Samia Sarkis, Founder and CEO, Living Reefs Foundation, said.
“PwC’s contribution to the purchase of a new boat engine is especially impactful, providing us with a greatly appreciated reliable, efficient and safe means of conducting our research. This new asset coupled with PwC’s snorkel trail donation enables us to expand and sustain our Coral Garden Initiative, which is key to producing a sustainable source of corals and raising awareness about the importance of corals to Bermuda.
“To date, the foundation has demonstrated proof of concept through the production of seven coral species in its Coral Garden, increased demand from residents and visitors for its unique Coral Garden eco-tours, and the successful planting of corals to protect the Causeway from hurricane damage, achieving a 98 per cent survival rate over a 12- month period.”
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