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Letter to the Editor

Enterprise Rent-A-Car Partners with National Arbor Day Foundation on 50 Million Tree Pledge

Enterprise Rent-A-Car announced an unprecedented gift to The National Arbor Day Foundation to commemorate the company’s 50th Anniversary: Enterprise will underwrite the planting of 50 million trees over the next 50 years at a total cost of $50 million in today’s dollars. The Enterprise Rent-A-Car 50 Million Tree Pledge partners The National Arbor Day Foundation and the U.S. Forest Service with Enterprise in a long-term commitment to help restore public lands that are badly in need of reforestation.

“We want to credit The National Arbor Day Foundation for this idea,” said Andy Taylor, Enterprise Rent-A-Car Chairman and CEO. “They came to us with the thought of making a long-term commitment in recognition of our 50th Anniversary. We liked the idea so much, we thought why not take this to the next level? This Pledge is our way of saying thanks for our first 50 years by making a really meaningful and significant commitment for the next 50.”

“This gift couldn’t come at a time of greater need,” said John Rosenow, President of The National Arbor Day Foundation. “Last year was the worst forest fire season in history. And unfortunately, 2006 is on pace to be even worse. This gift from Enterprise – the largest gift we’ve ever received – gives us the flexibility to respond quickly to forests damaged not only by fire, but also by storms, disease, and other causes.”

Each year for the next 50 years, with funding provided by the Enterprise Rent-A-Car Foundation, The National Arbor Day Foundation will work with the U.S. Forest Service to plant one million trees in National Forests around the country. These trees will help forests affected by natural disasters and disease, as well as rebuild and preserve habitats for endangered species. The grant also will fund tree-planting initiatives in international locations where Enterprise does business, including Europe and Canada.

“To put this gift in perspective, 50 million trees is the equivalent of planting a new Central Park about every ten days, all year, for the next 50 years,” said Taylor. “We know this commitment is not a total solution, but it’s a solid step in the right direction.”

How The 50 Million Tree Pledge Works

Each year, The National Arbor Day Foundation – a world-class non-profit organization – will identify a number of tree planting projects throughout the U.S. and work with similar agencies to find planting projects in Europe and Canada. Enterprise will fund as many of these planting projects as possible – totaling 1 million trees each year.

The National Arbor Day Foundation will work with the U.S. Forest Service, the public agency charged with protecting and preserving the National Forests, which will plant the trees where they are needed most.

2006 Tree-Planting Projects

The first trees of the 50 Million Tree Pledge already have been planted in several National Forests in great need, in Alabama, Oregon, Michigan, Colorado, California, and Canada.

To learn more about this effort, visit www.arborday.org/enterprise, or www.arborday.org and click on the Enterprise Rent-A-Car 50 Million Tree Pledge icon.

Enterprise Rent-A-Car operates more than 878,000 rental and fleet services vehicles worldwide and has annual revenues of $9.04 billion. Last year, Enterprise opened more than 400 new locations, increasing its total locations to more than 6,900.

©2006 Collision Repair Industry INSIGHT
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