TORONTO, ONTARIO, March 14, 2012 – Beacon Corporation, Brokerage has pledged 1% of its revenues to support a local environmental initiative in the Greater Toronto Area, as a member of not-for-profit alliance 1% for the Planet. Today, that pledge has been fulfilled. Beacon has chosen to partner with Friends of the Don East (FODE) and will be donating 1% of its 2011 revenues towards the rehabilitation of the Don River.
“At Beacon we believe that sustainable development is our corporate responsibility and is good business for our clients” says M. Will Fischtein, President and Broker of Record of Beacon. “This year we made a commitment to fund a local environmental challenge and we are designating our commitment to the Don River in Eastern Toronto.”
“Two main challenges that currently affect the river are poor water quality and a lack of habitat for the various local species that must coexist to maintain a natural balance in the ecosystem. Beacon’s donation assists in our conservation activities to protect and restore key areas in the river system,” says James McArthur of FODE.
“Beacon is a great addition to the network. By signing on to 1%, it shows they’re really walking the walk in their sustainability efforts,” says Terry Kellogg, 1% CEO. “They’re using generosity as a tool with which to build their business and enabling valuable environmental work along the way.”
About Friends of the Don East
Friends of the Don East is a membership-based charitable organization working to protect and enhance the Don River and to encourage the establishment of healthy and sustainable communities within the central and eastern portions of the Don watershed in the GTA. To learn more about FODE and discover ways to contribute to their program, visit fode.ca
About 1% for the Planet
Started in 2002, 1% for the Planet is a growing global movement of over 1,200 member companies in 38 countries that donate 1% of their sales to environmental organizations worldwide. As a network, the 1% community has become a global frontrunner in funding the work of environmental groups around the world. To learn more about 1% go to: onepercentfortheplanet.org
About Beacon Corporation, Brokerage
Beacon is a business brokerage firm that assists owners of businesses with revenues between $1M and $20M with the sale of their company. Beacon brokers carry out business valuations, determine the asking price, confidentially market the business for sale, and help negotiate and close successful deals that provide value for both parties. To learn more about Beacon go to: beaconbrokerage.ca