Real estate developer Puravankara said it has pledged to plant 1 million trees by 2030 in and around Bengaluru as part of the World Economic Forum’s Trillion Tree Movement (1t.org).
This initiative aims to increase green cover, restore biodiversity, sequester carbon, and support local ecosystems while contributing to the global goal of conserving, restoring, and growing 1 trillion trees by 2030, the company said in a regulatory filing.
Ashish Puravankara, Managing Director, Puravankara Limited said, “At Puravankara, we believe that sustainable development goes beyond buildings—it is about creating a greener, healthier future for generations to come. Our pledge to 1t.org to plant 1 million trees by 2030 is a testament to our commitment to environmental stewardship. By restoring green cover, enhancing biodiversity, and mitigating climate change, we aim to make a lasting positive impact on Bengaluru’s urban and rural landscapes. We are proud to be part of this global movement and will continue to drive initiatives that contribute to a more sustainable tomorrow.”
Florian Vernaz, Head of 1t.org at the World Economic Forum said, “Their ambitious pledge to plant 1 million trees in and around Bengaluru reflects a deep commitment to sustainability and environmental stewardship. By joining the growing and dynamic Indian chapter of 1t.org, Puravankara is demonstrating corporate leadership in advancing nature-based solutions in India. We look forward to supporting and amplifying their impact as we work together toward a greener, more resilient future.”
The company said the pledge focuses on planting native tree species well-suited to the local climate, ensuring a high survival rate. These 1 million trees are expected to absorb approximately 25,000,000 kg of carbon annually, significantly contributing to climate mitigation efforts.
Additionally, the initiative will provide essential ecosystem services, such as pollination, water conservation, and soil preservation, benefiting local communities through access to Non-Timber Forest Products (NTFPs).
As of December 31, 2024, Puravankara has completed 85+ projects measuring 51 million sq ft across nine cities – Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company’s total land bank is 30 msft, and ongoing projects add up to 33.08 msft.
