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Lender offsets 2 million kilos of carbon

by Nick Bendel7 minute read
The Adviser

Homeloans has scored a win for the environment with the lender's latest community initiative – and for its staff retention policy.

The non-bank lender has planted its 10,000th tree as part of a carbon offset policy introduced by Homeloans in 2010 in conjunction with Australian firm Carbon Conscious.

Executive head of marketing Will Keall said Homeloans has been planting one mallee eucalypt tree for every new loan settled.

“With 10,000 trees planted, that equates to 2 million kilograms of carbon from the atmosphere that we will have offset,” he said.

“One of our focuses is on conducting our business in an environmentally responsible fashion, and initiatives such as the Carbon Conscious program help us achieve this.”

Mr Keall told The Adviser that Homeloans also supports Lions and Rotary clubs and sponsors local football clubs, while staff members participate in Movember and the Future2 charity ride.

“Many of our people feel proud of the involvement Homeloans has with various causes,” he said. “We find that supporting such causes really helps with retention of staff.”

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