Lloyds Banking Group, commonly referred to as Lloyds, is a leading financial services organisation headquartered in London, United Kingdom. Established in 1765, the company has evolved significantly, becoming a key player in the banking industry with a strong presence across England and Wales. Lloyds primarily operates in retail and commercial banking, offering a diverse range of products and services, including personal banking, mortgages, and insurance. Its commitment to customer service and innovation sets it apart in a competitive market. With a rich history marked by key milestones, such as the acquisition of HBOS in 2009, Lloyds has solidified its position as one of the largest banks in the UK. The group is renowned for its strong brand reputation and dedication to supporting customers and communities, making it a trusted choice for millions.
How does Lloyds's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Lloyds's score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lloyds currently does not have publicly available carbon emissions data for the most recent year, nor specific reduction targets or initiatives outlined in their climate commitments. Without concrete figures or defined goals, it is challenging to assess their current impact on carbon emissions or their strategic approach to climate change. However, it is essential for companies in the financial sector to establish clear climate commitments and reduction strategies to align with global sustainability efforts. As the industry increasingly focuses on reducing carbon footprints, Lloyds may need to develop and communicate specific targets to enhance transparency and accountability in their environmental impact.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Lloyds is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.