After launching EnviroHoard™, the UK’s first net zero carbon verified hoarding system in 2021, Panthera Group has now become the first business in the UK to secure a Green Business Loan for SMEs from HSBC bank.
The ‘Green Loan’ scheme was launched by HSBC bank on Monday 24th January to encourage businesses to become more sustainable and to help finance green activities to meet customer demands for environmentally products and services.
Panthera Group applied for the scheme to support its plans for scaling up its net zero carbon hoarding system, EnviroHoard™.
The company has been at the forefront of sustainability in the construction sector over the last few years; investing substantially in the development of EnviroHoard™ during the downturn of 2020.
Launched in 2021 the company has been on a programme of continuous development ever since; making a further carbon reduction in its low carbon concrete block during the year. Now, the loan supplied by HSBC will enable the company to speed up its growth plans for EnviroHoard™ across the UK.
The commitment to sustainability is further evidenced within Panthera’s own business operations which became carbon neutral in January 2021. Managing Director, Neal James, is also looking at improving these credentials even further;
“The HSBC loan will enable us to roll out EnviroHoard™ nationally and at much quicker speed. This will help even more contractors to reduce their projects’ carbon impact. The business is looking at electric trucks, sustainable heating systems and keeping an eye on hydrogen-powered vehicles for the plant fleet which will help towards our ultimate goal in eliminating the carbon footprint of the business.”
