Tag: Lloyds Banking Group

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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Lloyds Banking Group appoints Dr Rebecca Heaton as Director of Environmental Sustainability

Stuart Mitchell

Lloyds Banking Group has appointed Dr Rebecca Heaton as Director of Environmental Sustainability. As Director of Environmental Sustainability, Rebecca will oversee the delivery of Lloyds Banking Group’s plan to achieve net zero.  This role will be central to our new strategy to support the transition to a low carbon economy. This includes creating diversified and sustainable growth and continuing to integrate environmental sustainability outcomes across our wider business priorities. Rebecca is already a recognised leader in sustainability, with previous experience working across industry, policy and academia. She joins from OVO…

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Lloyds Banking Group launches pioneering £7 million fraud crackdown

Stuart Mitchell

Lloyds Banking Group has joined forces with City of London Police to launch the industry’s first pilot scheme using proceeds of crime to fund a series of fraud fighting and victim support programmes across the country. The ‘frozen’ cash – which is money captured from the fraudsters by the bank’s specialist mule-hunting team – will be invested in several projects to tackle fraud as well as increasing education and awareness to help keep more people safe by stopping scams from happening in the first place.  One of these is expanding…

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Lloyds Banking Group becomes a founding member of the Net Zero Banking Alliance

Stuart Mitchell

On 21 April Lloyds Banking Group became a founding member of the Net Zero Banking Alliance (NZBA), a UN-convened, industry-led alliance of 43 banks across the world which – as part of the larger Glasgow Financial Alliance for Net Zero – aims to accelerate the transition of the finance sector and the global economy to net zero emissions by 2050. The alliance is accredited by the UN Race to Zero campaign. The alliance, hosted by the United Nations Environment Programme Finance Initiative (UNEP FI) and co-launched by the Financial Services…

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Carbon emissions drop 15% despite more people admitting to not taking action to cut carbon

Stuart Mitchell

The UK’s carbon emissions dropped by 15% during the pandemic overall compared to the year before, according to analysis compiled by Lloyds Banking Group in partnership with the Carbon Trust.  The analysis considered the impact on carbon emissions resulting from changing consumer spending behaviour across six categories: food and drink, fuel, commuting, airlines, electrical stores and clothing stores.   Restrictions on international and domestic travel as well as the increase in working from home have been significant factors in the drop in carbon emissions. Emissions from commuting reduced by two thirds…

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