We strongly support initiatives to maintain and restore Australia's unique biodiversity, through our day-to-day risk and lending policies and practices, via market mechanisms and through the volunteer efforts of our employees.
Our environmental risk policies and procedures work to ensure that we factor in potential impacts on biodiversity in our investment and lending activities.
We see enormous potential in using trading and market mechanisms to achieve environmental goals, particularly through the use of carbon offsetting mechanisms to create additional revenue streams for farmers and help improve local biodiversity through reforestation. We have also provided input into the NSW Government's pilot Biodiversity Trading model.
Our employee volunteering program, Operation Backyard was established in partnership with Landcare Australia. It provides funding for the protection of our biodiversity through habitat restoration projects.
Whether it is fishing European Carp out of waterways in Moree NSW or re-vegetating sand banks and fencing off protected areas in Victor Harbour South Australia, this program provides our people with great opportunities to address environmental issues in their local community.
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