At WLTH, we have a deep affinity with the oceans and aim to protect them and the ecosystems they sustain by intercepting marine plastic pollution. We conduct beach and coastline cleanups through purposeful partnerships with world-class organisations in Parley for the Oceans and the Australian SailGP Team to make a meaningful difference to our cause.
Why our love for the oceans you might ask? The real question is, can we afford not to love them? Our oceans are our ultimate source of life, supporting humanity’s very existence, yet our modern civilisation has done very little to take care of it. The plastic waste problem continues to grow with over 350 million tonnes of plastic waste created each year and over one quarter of that mismanaged or littered and 0.5 per cent of the total amount directly entering our oceans.
Plastic as a material is a design failure that never biodegrades, yet it is unfortunately so ingrained into human life – a behaviour we so desperately need to turn against.There is an estimated 5.25 trillion pieces of plastic floating in the oceans today, and the problem will keep getting worse as these plastic pieces break down further into smaller pieces called ‘microplastics’.
Impact and purpose have been built into the core of our DNA since the planning stages of our business. Everyone needs to act now. We pledge to clean up 50m2 of beach and coastline for every loan settled, alongside our partners from Parley for the Oceans. So far, we’ve intercepted over 2,200+ kg of total debris from 17,000m2 of area cleaned over three high-powered beach cleanups around Australia.
We allocate a lot of resources to the welfare of our oceans, but the common misconception is that the costs of all these endeavours are passed onto the consumer. Borrowers who want a loan from WLTH can expect the same level of service and rates (if not better) than some of the top lenders in the country. There is no denying that WLTH still aims to make a profit, as it helps us expand and remain afloat, but the main difference is that WLTH channels these returns to do good for the environment and the community. Why choose anyone else?
