Homeloans plants a
tree for every new Homeloans loan.
At Homeloans, we aim to conduct our business in an
environmentally responsible fashion. In order to help us achieve this, we have
teamed up with Carbon Conscious, an Australian company that produces carbon
credits through carbon farming.
We are taking action towards countering greenhouse gases in
our atmosphere by planting a Mallee Eucalypt tree for each new Homeloans loan
settled. The Mallee Eucalypt is a native species adapted to the growing
conditions of the Australian Wheatbelt region where they are planted. Over its
growing life, the Mallee Eucalypt will store carbon from the atmosphere.
This activity is not something that is factored into the
pricing of our home loans and it does not result in any additional expense for
our customers. Rather, it is our way of contributing to a more sustainable
environment and exercising our corporate social responsibility, something which
is important to us at Homeloans.