NEW YORK, June 5, 2023 -- South Street Securities Holdings, Inc. (“SSSHI”) is pleased to announce that it has received the esteemed FTF News Philanthropic Award for 2023 from the FTF News Technology Innovation Awards. This prestigious recognition is a testament to SSSHI's partnership with Evertreen, an online platform that empowers companies to plant trees worldwide and monitor them via satellite in their corporate forests.
The FTF News Philanthropic Award for 2023 celebrates an organization in the securities operations community that not only advances innovative solutions, but also demonstrates significant progress in promoting the welfare of others. The award recipient is honored for their outstanding Environmental, Social, and Governance (ESG) initiatives and the profound impact they have made on the greater good.
James Tabacchi, Chief Executive Officer of SSSHI, expressed his gratitude, stating, "We are truly honored to be recognized for our partnership with a company that shares our values and is dedicated to creating a sustainable future."
SSSHI has been actively involved in various environmental sustainability and corporate social responsibility initiatives. In 2022, the company collaborated with Evertreen to plant 1,200 trees in Honduras, making a positive impact on the local community and environment. In 2023, SSSHI expanded its commitment by planting an additional 4,000 trees in Kenya. As a result of this partnership, a total of 780 tons of carbon absorption have been achieved to date, while also providing 160 working hours for local farmers in two countries.
SSSHI remains steadfast in its commitment to taking progressive steps to support the community and reduce its carbon footprint. The company is dedicated to the continuous pursuit of innovative partnerships to drive positive change. To view South Street's Evertreen Forest, please click here.
About South Street Securities Holdings
South Street Securities Holdings, Inc. operates through its subsidiaries. Affiliates include South Street Securities LLC, a repo dealer financing US Treasuries, Agency MBS, TBA mortgage origination hedging and equity finance, Matrix Applications, LLC, a technology and back-office services company, South Street Capital Management, LLC, an asset management company, and AmeriVet Securities, Inc., a service-disabled veteran and minority owned broker dealer.