Algebris vows to achieve carbon neutrality and launches coal off-setting project

Algebris has announced a series of new measures to help fighting the climate crisis as part of the firm's ESG plans and commitments.  The asset manager, founded by CEO Davide Serra in 2006, has put into action a carbon off-setting project, aimed at achieving carbon neutrality across the group by planting 25,000 trees and committing to 20 trees per employee annually. The Algebris carbon off-setting project is being carried out in Tanzania, in collaboration with Hakuna Matata, a registered UK charity founded by Serra and his wife. Hakuna Matata focuses on helping Tanzanian orphaned chil...