The specialist lender has entered the new partnership as part of its commitment to helping combat climate change.

Under the new link Pepper Money will help Ecologi to fund its tree planting and carbon reduction activities.

However, it’s not the only venture Pepper Money is undertaking to help tackle climate change.

It revealed it had already helped to remove 174 tonnes of CO2 from the atmosphere, planting 2,316 trees, helping to fund a biogas to electricity plant in Thailand and fuel-efficient cooking stoves in Honduras in the process.

Removing this volume of CO2 from the atmosphere is equivalent to 134 long haul flights, 522 square metres of sea ice saved, or 431,694 miles driven in a car, Pepper said.

Laurence Morey, CEO of Pepper Money, said: “We have the incredible opportunity to positively impact society with the work we do. We’re constantly developing our corporate responsibility commitments to go above and beyond our mission, and now we positively impact our planet through a brand new partnership with Ecologi.

“We’ve realised we’re at a crucial point within the specialist lending sector where many lenders and brokers are coming to understand the environmental impact our industry has on our planet. We have an active role to play to change the way our industry is impacting our environment.”

More information about Pepper Money’s environmental commitments with Ecologi is available here.