Aspen Bridging has announced a pledge to plant a new tree in the UK for every case it completes on.

The lender also revealed plans to reduce its overall scope one and two emissions to below net zero in 2022.

Aspen announced that this step will result in the removal of over 200 tons of carbon dioxide by 2025 from the atmosphere, and meets the government’s Environmental Reporting Guidelines for scope one direct and scope two indirect emissions.

Furthermore, the lender has vowed to continue funding green projects, such as the £4.55m development exit bridge on a development in Kent, and other refurbishment projects across the UK to improve Energy Performance Certificate (EPC) ratings.

Aspen director, Jack Coombs, commented: “It is vital that every business in the finance sector recognises the impact they have on the environment and takes steps to address their CO2 emissions.

“The commitment we’ve made today not only means we’ll offset beyond net zero for our scope one and two emissions from 2022, but is also future-proof as we will maintain this position as we grow and add extra staff over the coming months and years.”

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