CrowdProperty boss highlights how platform follows social side of ESG
Lenders must look beyond “cost hurdles” when considering environmental, social and governance (ESG) aspects of lending, Mike Bristow claims.
It comes as Bristow (pictured), chief executive of CrowdProperty, outlined how the platform follows the social aspect of ESG both internally and externally.
He said the peer-to-peer property lender focuses on inclusivity and diversity among its workforce.
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“Working in such a specialist field requires specialist training and so we are focussed on providing our employees with the best opportunities to grow and tackle the challenges this sector provides,” Bristow said in a LinkedIn post.
Bristow acknowledged that CrowdProperty also has a wider role to play in society, particularly when it comes to charitable work.
“We recognise there is a role for us to play whether through internal CrowdProperty fundraising events through to supporting St. Basils directly, a local charity based in Birmingham providing supported accommodation schemes across the Midlands,” he added.
“More generally, whilst we welcome requests for funding, we strongly encourage applications for projects with strong social merit.
“We recently had the great pleasure of supporting a borrower to convert existing agricultural barns into specialist holiday accommodation for disabled users and we aspire to positively expand our social footprint.”
Read more: What P2P platforms are doing to meet ESG goals