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Financial Intermediation
GB
updated 13 days ago

Lloyds Bank plc

Company website

Lloyds Bank plc, commonly referred to as Lloyds, is a prominent financial institution headquartered in Great Britain. Established in 1765, it has evolved into one of the UK's leading banks, serving millions of customers across various regions, including England, Scotland, and Wales. Operating primarily in the banking and financial services industry, Lloyds Bank offers a comprehensive range of products, including personal and business banking, mortgages, and insurance. Its commitment to customer service and innovative digital solutions sets it apart in a competitive market. With a strong market position, Lloyds Bank has achieved significant milestones, including its role in the Lloyds Banking Group, which emerged from the merger with HBOS in 2009. This strategic move has solidified its reputation as a trusted provider of financial services in the UK.

DitchCarbon Score

How does Lloyds Bank plc'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.

68

Industry Average

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.

28

Industry Benchmark

Lloyds Bank plc's score of 68 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.

83%

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Lloyds Bank plc's reported carbon emissions

Inherited from Lloyds Banking Group plc

Lloyds Bank plc, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of Lloyds Banking Group plc, which may influence its climate commitments and emissions reporting. While there are no documented reduction targets or specific emissions figures, Lloyds Bank plc is part of a broader corporate family that engages in various climate initiatives. The emissions data and performance metrics are cascaded from Lloyds Banking Group plc, which is actively involved in sustainability efforts, including participation in the CDP and RE100 initiatives. These initiatives focus on transparency in environmental impact and commitment to renewable energy, respectively. As of now, Lloyds Bank plc has not publicly committed to specific science-based targets (SBTi) or other formal reduction initiatives. The absence of detailed emissions data suggests that the bank may still be in the process of establishing its own climate strategy or reporting framework.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201620172018201920202021202220232024
Scope 1
52,438,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
205,127,000
000,000,000
0,000,000
000,000
00,000,000
00,000,000
0,000
00,000
0,000
Scope 3
86,752,000
00,000,000
000,000,000
000,000,000
00,000,000
00,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Lloyds Bank plc's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Lloyds Bank plc is in GB, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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 Bank plc is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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