Our partnership with the Woodland Trust
At the beginning of 2020, we started working with the Woodland Trust to plant 10 million trees across the UK by 2030.
Why are we planting 10 million trees across the UK?
Video | 2 mins 45 secs
Three years after beginning our partnership with the Woodland Trust, we've planted three million trees up and down the country. Find out why we're doing this and what we're aiming to achieve.
The trees we plant are all native to the UK and will help create havens for wildlife, boost biodiversity, and absorb harmful carbon dioxide from the air.
Over their lifetimes, these 10 million trees could absorb as much as 2.5 million tonnes of carbon dioxide – that’s about the same as a quarter of the emissions that come from UK homes every year.
The tree planting initiative has three components:
We're creating 10 brand new 'woods within woods' at existing Woodland Trust sites across the UK. With the help of colleagues and local communities, we have started planting three new woods: Glas-na-Bradan in Northern Ireland, Butterdean in East Lothian, Scotland, and The Black Horse wood in Leicestershire.
Working with communities
We're supporting the Woodland Trust with their Community Tree Pack scheme, and have given schools and communities more than 500,000 free trees over the past two years. These free trees give local communities access to nature and can help improve wellbeing, now and for generations to come.
Supporting farmers’ low carbon future
We're also helping farmers and landowners transition to a low carbon future by offering preferential funding for more than 0.5ha of new woodland. This funding brings down the cost of trees and hedges to farmers by 75%. The trees can improve biodiversity, prevent soil erosion and help farmers to meet the National Farmers' Union’s 2040 carbon net-zero goal.
How our colleagues are getting involved
Our own people are playing their part, and over the last tree planting season alone, Lloyds Banking Group colleagues planted more than 36,000 trees.
Planting trees for the Woodland Trust
Video | 3 mins 26 secs
In this video we join a group of Lloyds Banking Group colleagues volunteering to plant trees for the Woodland Trust at Butterdean Forest in East Lothian.
Find out more about sustainability at Lloyds Banking Group
Planting for a sustainable future
We know that from small actions, big changes can occur - which is why we were so excited to help the Woodland Trust plant a million trees in 2020.
Enabling the transition to a low carbon, more sustainable and inclusive future for people and businesses is key to delivering on our purpose.
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.