Our purpose is Helping Britain Prosper.
Social housing is an integral part of the UK’s housing landscape.
Lloyds Banking Group incorporates many household names.
This report provides an update on our progress towards the Group's sustainability ambitions.
In 2023 we partnered with Crisis.
As with all necessary struggles it’s often the actions of brilliant and tenacious individuals that create lasting change.
Disclosures relating to our strategic, financial, operational, environmental and social performance.
See all the key dates in the financial year.
Higher, more sustainable returns as we continue to Help Britain Prosper.
It's the alphabet that no child should have to learn.
If you want to bring your knowledge and skills to a truly transformative, widescale digital environment, we’d love to hear from you.
Xinyi is pioneering AI and advanced analytics at the Group alongside her part-time role as a concert pianist.
Lloyds Banking Group is best known for its portfolio of financial services brands.
Our purpose is Helping Britain Prosper.
Social housing is an integral part of the UK’s housing landscape.
Lloyds Banking Group incorporates many household names.
This report provides an update on our progress towards the Group's sustainability ambitions.
In 2023 we partnered with Crisis.
As with all necessary struggles it’s often the actions of brilliant and tenacious individuals that create lasting change.
Disclosures relating to our strategic, financial, operational, environmental and social performance.
See all the key dates in the financial year.
Higher, more sustainable returns as we continue to Help Britain Prosper.
It's the alphabet that no child should have to learn.
If you want to bring your knowledge and skills to a truly transformative, widescale digital environment, we’d love to hear from you.
Xinyi is pioneering AI and advanced analytics at the Group alongside her part-time role as a concert pianist.
Lloyds Banking Group is best known for its portfolio of financial services brands.
Enabling the transition to a more sustainable and inclusive future for people and businesses is key to delivering on our purpose of Helping Britain Prosper.
We will work with customers, government and the market to help reduce the carbon emissions we finance by more than
50%
by 2030 on the path to net zero by 2050 or sooner
and
halve
the carbon footprint of our investments
by
2030
Our lending, investments, products and services are powerful drivers of creating a sustainable and inclusive future, and are key to how we will grow our business profitably.
Sustainability Report 2023
This report provides an update on our progress towards the Group's sustainability ambitions, on sustainable and inclusive growth opportunities for the Group and activities we are undertaking to understand our ESG-related risks. It also includes our climate transition plan.
While our overarching net zero commitments are longer term, it's the way we embed sustainability in our day-to-day operations that will move us towards meeting these targets.
In addition to the actions outlined above, we are founding members of the Net Zero Banking Alliance and we play an active role in the Financial Services Taskforce. And beyond our own sector we have a strong network of like-minded partners, all working to accelerate transition.
We know time is critical and the next few years will be decisive in tackling climate change. We have a key role to play in transitioning the UK economy towards net zero, and our focus is on financing the transition to build a more sustainable and inclusive future for people and business, shaping finance as a force for good.
£8 billion financing for EV and plug-in hybrid electric vehicles by 20241
£7.6bn
achieved since January 2022
£10 billion of mortgage lending for EPC A and B-rated properties by 20241
£9.1bn
achieved since January 2022
£20–25 billion discretionary investment in climate-aware strategies and climate solutions1 by 2025
£23.9bn
achieved by HY 2024
Sustainable finance1 for Commercial Banking customers
£21.7bn
achieved since January 20222
Original 2022-2024 target
£15bn
sustainable finance was met at year end 20234
8 minutes
What is the Voluntary Carbon Market (VCM) and how can it help reduce or remove greenhouse gas emissions, and direct funds to critical areas?
4 minutes
Lack of EV charging availability is one of the main barriers to people switching to electric cars.
4 minutes
Find out how the skills shortage in the housing sector is affecting the number of genuinely affordable properties being built.
Katie Leach, Head of Nature at Lloyds Banking Group, explains the importance of nature protection.
Reducing the carbon footprint of our own operations is a key part of our sustainability strategy and we’re working towards an ambitious set of commitments.
At the beginning of 2020, we started working with the Woodland Trust to plant 10 million trees across the UK by 2030.
