Lloyds Bank Commercial Banking, a division of Lloyds Banking Group, is headquartered in Great Britain and serves a diverse range of clients across the UK and beyond. Established in 1765, the bank has evolved significantly, marking key milestones such as the acquisition of HBOS in 2009, which expanded its market presence. Specialising in financial services for businesses, Lloyds Bank Commercial Banking offers a comprehensive suite of products, including lending, treasury management, and risk management solutions. What sets them apart is their commitment to understanding the unique needs of each client, providing tailored support to drive growth and innovation. With a strong market position, Lloyds Bank Commercial Banking is recognised for its customer-centric approach and robust financial solutions, making it a trusted partner for businesses navigating the complexities of the commercial landscape.
How does Lloyds Bank Commercial Banking'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 Bank Commercial Banking's score of 73 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lloyds Bank Commercial Banking, headquartered in Great Britain, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The bank is a current subsidiary of Lloyds Banking Group plc, which may influence its climate commitments and reporting. While there are no documented reduction targets or specific climate pledges from Lloyds Bank Commercial Banking, it is important to note that emissions data and performance metrics may be cascaded from its parent organization, Lloyds Banking Group plc. This group has established various initiatives aimed at reducing carbon emissions, including participation in the CDP (Carbon Disclosure Project) and RE100, which focuses on renewable energy commitments. As a part of the broader financial services sector, Lloyds Bank Commercial Banking is expected to align with industry standards for climate action, although specific targets and achievements are not detailed in the available data. The absence of direct emissions reporting highlights the need for transparency and accountability in corporate climate strategies.
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 52,192,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 178,628,000 | 0,000,000 | 000,000 | 00,000,000 | 00,000,000 | 0,000 | 00,000 | 0,000 |
| Scope 3 | 72,984,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Lloyds Bank Commercial Banking's Scope 3 emissions, which decreased by 9% last year and increased by approximately 810% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 61% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lloyds Bank Commercial Banking has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.