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Lloyds Banking Group: Setting sector-level targets

As the UK’s largest financial services provider with more than 27 million customers, Lloyds Banking Group has a strong opportunity to support the transition of carbon-intensive sectors to meet net zero goals.

In January 2020, Lloyds Banking Group set the ambition to reduce financed emissions by more than 50% by 2030.

This practical example demonstrates how Lloyds aim to reach their targets, highlighting:

  • their approach to aligning its lending and investment portfolios with net zero pathways;
  • how the bank uses sector-specific strategies to support the transition to net zero; and
  • top tips from the Lloyds finance team.

Download to learn more about developing sector-level targets, the role of the finance team, and climate scenario pathways.

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Transition Planning Hub

Credible and ambitious transition plans are essential to turn net zero commitments into concrete action and achieve a sustainable future for all. On this webpage you can find general guidance, real life practical case studies as well as deep dives on areas such as finance emissions.

Our work on Net Zero

At A4S, we work with finance teams, accounting professionals and capital markets to create guidance and generate action to help achieve a net zero economy; to prevent a worsening climate crisis, mitigate risks and seize the opportunities in the energy transition.

Newsletter

Stay up to date with all the latest news at A4S. Our monthly newsletter includes the latest guides, reports, stories and thought pieces from finance leaders from across the globe.

Accounting for Sustainability is a Charitable Incorporated Organization, registered charity number 1195467. Accounting for Sustainability is part of the King Charles III Charitable Fund Group of Charities.
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