From Carbon Neutral to Community Impact: Lendology launch first ever Community Impact Report
May 3 2023
May 3 2023
Lendology has recently released its first-ever Community Impact Report, which highlights the organisation’s commitment to reducing its environmental impact and improving the quality of life for its team members and the communities.
As a social enterprise, Lendology is dedicated to doing good in all its day-to-day activities. Still, the company recognizes that reducing its environmental impact and ensuring the well-being of its team members is more crucial than ever before, given the climate and cost-of-living crises affecting many individuals and communities worldwide.
One of the notable achievements highlighted in the report is Lendology’s certification as the first carbon-neutral lender in the UK. The company has also donated 10% of its profits to National Energy Action, an organization committed to ensuring everyone has access to a home that is warm and affordable to heat.
Additionally, Lendology has 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 has also joined Community Energy England to support growth across the sector and team members completed a volunteer day at ARK @ Egwood to help create an environment in nature accessible to everyone.
Lendology is committed to supporting the health and well-being of its team members, providing access to counselling 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 for all team members.
The organization also 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.
At Lendology, we believe 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. We are committed to achieving our sustainable development goals and continuing to make a positive impact on the communities.