Lendology pioneers sustainable finance with first Community Impact Report

Lendology, a social enterprise that provides affordable lending to homeowners, has released its first-ever Community Impact Report.

The report highlights the company’s commitment to reducing its environmental impact, promoting well-being for its team members, and making a positive impact on the communities it serves.

Lendology’s notable achievements include being the first carbon-neutral lender in the UK and donating 10% of its profits to National Energy Action. The company has also implemented a “Buy Social or Local” procurement policy, installed LED lighting in its office, and donated essential items to Somerset Aid for Ukraine.

The company is committed to supporting the health and well-being of its team members, providing access to counseling services, offering above statutory minimum annual leave entitlements, and partnering with Growing Vision to deliver coaching and mentoring sessions.

Looking ahead to 2023, Lendology has committed to supporting National Energy Action with a percentage of its profits, organizing two volunteer days for all team members to give time to local charities, and trialing a four-day working week to improve work-life balance.

Lendology plans to align its service delivery with the United Nations’ Sustainable Development Goals, embed its “Buy Local or Social Procurement Policy,” and train each team member to become “Energy Champions” to support the reduction of energy consumption at work and home.

Emma Lower, CEO of Lendology, said: “At Lendology, we want to go further in reducing our impact on the environment and ensuring our team members are healthy and happy. We are thrilled to launch our first-ever Community Impact Report, highlighting our achievements to date and plans for 2023 and beyond.”

At Lendology, the team believes that every homeowner should be able to live in a home that supports their health and well-being without excess cold or heat, and access to affordable lending is key to making that happen. They are committed to achieving their sustainable development goals and continuing to make a positive impact on the communities they serve.

To learn more about Lendology’s sustainable finance journey, please visit their website and download their Community Impact Report.

For more information about the loan scheme, visit www.lendology.org.uk or call 01823 461099.