Tag: Lloyds Banking Group

Lloyds Banking Group has made an annual donation of £35.2 million to its four independent charitable Foundations for 2024. The donation will be split between the Lloyds Bank Foundation for England and Wales, the Bank of Scotland Foundation, the Halifax Foundation for Northern Ireland and the Lloyds Bank Foundation for the Channel Islands Foundations, to provide support to vital local services in the communities that they operate. This year’s annual donation of £35.2 million is the largest since 2013 and an increase of 42% on 2023. In total, Lloyds Banking…

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Lloyds Banking Group has signed a corporate Power Purchase Agreement (PPA) with global renewable energy company, Low Carbon.  Through the 10-year agreement, the Group will purchase 50 GWh of clean electricity annually, the equivalent of powering more than 14,000 homes. The energy will be generated from two of Low Carbon’s UK projects – Meadow Solar Farm in Hampshire and Pepperhill Solar Farm in Staffordshire.  The use of the new solar farms represents a significant step forward in the Group’s renewable energy approach. As part of the Climate Group’s RE100 initiative,…

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Lloyds Banking Group, a leading UK based financial services group, has released the first Housing Stocktake 2023 report (PDF, 4.7MB) sharing insights on the stalling efforts to decarbonise the UK’s housing stock. In the UK, homes are one of the highest emitting sectors, with the 28 million residential properties accounting for 16% of the UK’s total carbon missions. The report reveals that while nearly six in ten (57%) homeowners think it’s important to make their property ‘net zero ready’ by 2035, over two-thirds (69%) have not taken any action to make improvements…

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