Landbay has earned the right to call itself carbon neutral, with certification provided by Carbon Neutral Britain.
The lender has achieved this by offsetting its greenhouse gas emissions by investing in renewable energy projects around the world.
These include a wind farm in the Philippines, a hydroelectric plant in Brazil and a biomass-powered electricity generator in Cambodia.
The certification lasts for one year. Landbay says he intends to apply for renewal every year.
Julian Cork, COO of Landbay, comments: “It has never been more important for businesses to scale up and consider the environmental impact associated with their operations.
“In the UK, business is responsible for over 85% of total greenhouse gas emissions, making action by business the number one priority to help stop climate change.
“Seeking to do our part for the environment, we have compensated through the Carbon Neutral Britain Climate Fund which supports wind, solar, hydro and cooker projects. They all have a strong focus on delivering sustainable social and economic benefits to developing countries around the world.
“I want to thank the Landbay ESG team, made up of volunteers from each of the functional areas who worked hard on this.”