Resimac have announced that they have planted their 40,000th tree as part of their Carbon Conscious program.
The scheme, which involves planting a new Malle Eucalypt tree for each loan settled, has passed that significant milestone and resulted in 5 million kilos’ worth of offset carbon. The program is centred on the Wheatbelt region of Western Australia.
“We’ve been running this program for more than ten years now, and I’m proud of the contributions we’ve made so far,” said CEO Scott McWilliam. “With one new tree planted for every loan settled, this is very much a partnership with our brokers and customers, who join us on an important journey to drive positive change within the environment.”
Resimac’s offering in the broker space has seen them grow massively in 2021, posting 88% NPAT growth and generating more than a billion dollars in RMSB deals this year.
They have also added to their commercial finance offering, with the new Resimac Asset Finance part of the business starting to make an impact. That will also become part of the Carbon Conscious scheme, with loans settled on equipment and asset finance resulting in new trees in Western Australia.
“I believe all industries should be participating in solutions to environmental challenges,” said McWilliam. “Carbon Conscious is one of several sustainability initiatives we’re involved in, and what’s great about this program is that it enables us to join forces with our brokers and customers to achieve a common goal of saving the planet. “
“Environmental advocacy has always been part of Resimac’s fabric. Our goal was to develop a sustainability initiative that we could work on in partnership with our brokers and customers – something we could scale up with the business.”
“Our long-running partnership with Carbon Conscious Investments in Western Australia has now seen more than 40,000 trees planted in the Australian Wheatbelt region.”
