Tag: Lloyds Banking Group

Major firms work together to drive regional green investment

Stuart Mitchell

Four of Britain’s biggest firms are working together to advise on pilot projects to drive green investment into local areas, and promote economic growth. As part of the Prime Minister’s Business Council, the leaders of Lloyds Banking Group, Octopus Energy, Shell and National Grid have launched the Local Low Carbon Accelerator (LLCA) project to provide a blueprint for local authorities and the private sector to work together and get green infrastructure delivered faster. Localised green infrastructure projects are key in the road to net zero , given the focus on…

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Lloyds Banking Group hits £1 billion worth of funding on ultra low emission vehicles

Stuart Mitchell

Lloyds Banking Group has provided £1 billion worth of new funding for electric (EV) and plug-in hybrid vehicles (PHEV) this year across its motor finance and leasing businesses, Black Horse and Lex Autolease. The £1 billion lending mark, against an £8 billion target for new electric vehicle financing by 2024, reaffirms Lloyds Banking Group’s sustainability commitments, which also include achieving net zero emissions across Lex Autolease’s customer fleet by 2030.  The Group is also responsible for 1 in every 10 electric vehicles registered on the UK’s roads, with more than 102,000 alternatively-fuelled…

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New UK collective to look at role of foundations in boosting enterprise

Stuart Mitchell

The Enterprise Grants Taskforce will bring together funders and foundations looking to support the development of earned income across the sector. A new group of funders and foundations has come together with the aim of boosting enterprise in the sector through better use of Enterprise Grants. Enterprise Grants are grants made by public or private funders which are used to help charities and social enterprises increase their capacity to earn income from selling services or goods, or reward trading growth.  The work of the Taskforce will combine efforts to define…

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Lloyds Banking Group opens new Changing Places facility

Stuart Mitchell

Lloyds Banking Group is the first bank to open an accessible Changing Places facility in Old Broad Street, London. Last month on 19th July was Changing Places Awareness Day which helps raise awareness of the life changing difference Changing Places facilities make to people with disabilities. A Changing Places toilet provides a hygienic and comfortable facility for people with disabilities and their carers. Larger than a standard accessible facility, it offers space to manoeuvre a wheelchair, with up to two carers present. The toilet includes a height-adjustable changing bench and…

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Lloyds Banking Group launches Sustainability Finance Framework to help build more homes with higher sustainability standards

Stuart Mitchell

Lloyds Banking Group, as the largest bank to the UK housing sector, today announces the launch of its new Sustainability Finance Framework, which outlines our support to help housebuilders access finance to build more homes with higher sustainability standards.   The Framework supports the Group’s commitment to expanding the availability and affordability of safe, high quality and sustainable housing by helping housebuilders finance new homes.  Framework propositions The Framework sets out how the Group will help housebuilders access finance to build more sustainable homes through one of three existing propositions: The…

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