We're committed to reducing carbon emissions we finance to net zero by 2050 or sooner.
And we're aiming to achieve net zero for our own operations by 2030.
We are joining up all parts of our business to accelerate the transition to a lower carbon future, prioritising the following areas:
Why do we play a role in the low carbon transition?
We serve millions of people and communities every day so we’re well placed to help people tackle climate change through the financing we provide to them.
We believe the changes needed to tackle climate change provide growth opportunities for our business as well as the UK and the businesses we support.
We want to finance a just transition that is inclusive of everyone and leaves no individual, business or community behind.
We will play our part in creating a future where our planet is cared for, people feel safe and included, and businesses and communities can thrive.
How we'll help to finance and accelerate the low carbon transition
The finance we provide is a key part of the puzzle, but it's not the only way we're contributing.
Sustainable finance news and insight
Find out more about sustainability at Lloyds Banking Group
Net zero activity update
Since our 2021 Climate Report, we have developed a new net zero ambition for our supply chain and several new or updated financed emissions intensity reduction targets for specific sectors.
Our operational emissions
Reducing the carbon footprint of our own operations is a key part of our sustainability strategy and we’re working towards an ambitious set of commitments.