Lloyds Banking GroupUnited Kingdom
Created before Nov 2016
Last update: 2018-05-25 12:48:06
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About Lloyds Banking Group

Lloyds Banking Group Plc was formed on the 19th of January 2009 after Lloyds TSB acquired HBOS. The group is currently the largest retail bank in the United Kingdom with over 30 million customers. The banking group operates under numerous brands such as Lloyds Bank, Scottish Widows, Halifax, and a range of distribution channels.

Website http://www.lloydsbankinggroup.com
Headquarters
25 Gresham Street
EC2V 7HN London
United Kingdom
CEO/chair António Horta-Osório
Executive Director and Group Chief Executive
Supervisor
Bank of England
Annual report Annual Report 2017
Ownership
listed on London Stock Exchange & NYSE Euronext

In October of 2008, as part of the government bailout the British government took a 43.4% stake in Lloyds. The government began the process of returning Lloyds to the private sector in September 2013 which was completed in May 2017.

Related Dodgy Deals

Lloyds Banking Group has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Projects - active profiles

MGT Teesside biomass power station United Kingdom profile

energy plants - biomass
Debt – corporate loan
11 August 2016
The bank is providing to the GBP 650 million loan of Macquarie bank.
source: link
There are no active projects for Lloyds Banking Group now.

Projects - on record profiles

Cerrejón coal mine Colombia profile

mining - coal
Debt – corporate loan
USD 3.429 billion
May 2013
Total involvement in companies behind Cerrejon, as of may 2013
source: WDM - The Cerrejon mine

Great Barrier Reef Coal & Gas Exports Australia profile

oil and gas | transport and infrastructure
Debt – corporate loan
AUD 175 million
5 May 2013
source: link

Hazelwood coal power plant Australia profile

energy plants - coal
Debt – corporate loan
AUD 63 million
2008
source: link

Companies - active profiles

RWE Germany profile

energy plants - coal | energy plants - nuclear | mining - coal
Debt – corporate loan
USD 12 million
2014 - 2017
source: BankTrack Coal Developers Report 2017
link
Share issue – underwriter
USD 269 million
2014 - 2017
Combined share and bond issuance underwriting
source: BankTrack Coal Developers Report 2017
link
Uncategorised
EUR 137.4 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 69.3 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014
There are no active companies for Lloyds Banking Group now.

Companies - on record profiles

Anglo American United Kingdom profile

mining - coal | mining - non coal
Uncategorised
EUR 40.4 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 57.2 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

BHP Billiton Australia profile

mining - coal | mining - non coal | oil and gas
Uncategorised
EUR 171.2 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 43.1 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

EDF France profile

energy plants - nuclear
Bond issue – underwriter
EUR 348.18 million
source: Thomson ONE database.

ENGIE France profile

energy plants - coal | energy plants - dams
Debt – corporate loan
EUR 11.9 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Glencore Switzerland profile

mining - coal
Uncategorised
EUR 135.1 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 568.3 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Sime Darby Malaysia profile

agriculture - palm oil
Uncategorised
EUR 5.3 million
30 April 2013
shares/bonds underwriter or manager - through Scottish Widows Investment Partnership
source: Profundo report 2013

SUEK Russian Federation profile

mining - coal
Debt – corporate loan
EUR 34 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Trafigura Singapore profile

commodities trading | oil and gas | transport and infrastructure
Debt – corporate loan
USD 79 million
2012 - 2016
Total corporate loan between 2012 and October 2016.
source: Thomson Reuters Eikon, accessed by Profundo, October 2016
Debt – corporate loan
USD 1,046 million
2012 - 2016
Total revolving credit between 2012 and October 2016.
source: Thomson Reuters Eikon, accessed by Profundo, October 2016

Vitol Switzerland profile

commodities trading | oil and gas | transport and infrastructure
Debt – corporate loan
USD 147 million
2012 - 2016
Total corporate loan between 2012 and October 2016
source: Thomson Reuters Eikon, accessed by Profundo, October 2016
Bond issue – underwriter
USD 203 million
2012 - 2016
Total bonds underwritten between 2012 and October 2016
source: Thomson Reuters Eikon, accessed by Profundo, October 2016
Debt – corporate loan
USD 668 million
2012 - 2016
Total revolving credit between 2012 and October 2016
source: Thomson Reuters Eikon, accessed by Profundo, October 2016

Dodgy Deals map

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News

| |
Type:
Year:
blog
external news
our news

New report: HSBC a ‘crucial link in the chain’ of Palestinian oppression says War on Want

2017-07-12 | War on Want
blog
external news
our news

Banks provide billions for Dirty Diesel traders while failing to act on human rights, says new briefing

- Oil traders Trafigura and Vitol received over $100 billion in loans since 2012
- Of 26 banks contacted, not one has pressured companies over toxic fuel exports to Africa
2017-05-23 | Nijmegen | BankTrack
blog
external news
our news

Europe’s biggest banks register €25 billion profit in tax havens

2017-03-27 | Fair Finance Guide International, Oxfam
blog
external news
our news

Fossil fuel divestment campaign grows as protesters target UK banks

2015-02-13 | The Guardian
blog
external news
our news

New report calls for smaller, greener banking in post-referendum Scotland

2014-08-19 | Edinburgh | Friends of the Earth Scotland
blog
external news
our news

Protestors to target Lloyds AGM over coal investments

2014-05-14 | Edinburgh | World Development Movement
blog
external news
our news

Dirty Money - an interactive documentary

Watch WDM's online, interactive documentary exploring how UK banks are financing coal mining in Indonesia.
2013-11-21 | London | World Development Movement
blog
external news
our news

Who's Funding Climate Change...

2013-10-04 | The Huffington Post
blog
external news
our news

UK banks financing coal boom destroying Borneo rainforests

2013-10-01 | London | World Development Movement
blog
external news
our news

Seven of Bloomberg’s Top Ten “Greenest Banks” Are Climate Killers

2013-04-10 | RAN
blog
external news
our news

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
blog
external news
our news

Don’t bank on the bomb

2012-03-05 | Washington | ICAN
blog
external news
our news

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
blog
external news
our news

Time to Improve the Equator Principles, BankTrack Says

2011-10-24 | Washington | Social Funds
blog
external news
our news

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
blog
external news
our news

Financiers search for sustainable future

2011-10-20 | Washington | 1231, Environmental Finance
blog
external news
our news

Sudanese president may have $9 billion with Lloyds bank

2010-12-18 | London, UK | Global Witness
blog
external news
our news

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
blog
external news
our news

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack

Documents

| | | | | | | | | | | |
Type:
Year:
csr policies

Coal Sector Statement

2018-08-02 00:00:00 | Lloyd's
annual reports

Annual Report 2017

2018-04-30 00:00:00 | Lloyds Banking Group
csr policies

Modern slavery and human trafficking statement 2017

2018-02-28 00:00:00 | Lloyds Banking Group
csr policies

Human Rights Policy Statement

2018-02-28 00:00:00 | Lloyds Banking Group
csr policies

Modern Slavery and Human Trafficking Statement 2016

2017-06-30 00:00:00 | Lloyds Banking Group
csr policies

Anti-bribery policy statement

2017-06-30 00:00:00 | Lloyds Banking Group
annual reports

Annual report 2016

2017-03-31 00:00:00 | Lloyds Banking Group
annual reports

Annual Review 2015

2016-08-01 00:00:00 | Lloyds Banking Group
csr policies

Third Party Policies

2016-08-01 00:00:00 | Lloyds Banking Group
annual reports

Annual Report and Accounts 2015

Includes the discussion of responsible business.
2016-08-01 00:00:00 | Lloyds Banking Group
our publications

Banking with Principles? Second Edition June 2016

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights
2016-06-30 00:00:00 | BankTrack
csr policies

Sector Statements

2016-03-08 00:00:00 | Lloyds Banking Group
csr policies

Ethical policy statement

2015-11-30 00:00:00 | Lloyds Banking Group
csr policies

Code of Business Responsibility

2015-08-10 00:00:00 | Lloyds Banking Group
csr policies

Code of Personal Responsibility

2015-08-10 00:00:00 | Lloyds Banking Group
csr policies

Code of Supplier Responsibility

2015-05-28 00:00:00 | Lloyds Banking Group
csr policies

Supplier Qualification System

2015-04-28 00:00:00 | Lloyds Banking Group
annual reports

Annual Report and Accounts 2014

2015-03-25 00:00:00 | Llyods Banking Group
annual reports

Responsible Business Review 2014

2015-03-25 00:00:00 | Lloyds Banking Group
annual reports

Responsible Business Report 2013

2015-03-25 00:00:00 | Lloyds Banking Group
ngo documents

Smaller, Greener Banking

Banking for Sustainability in a New Scotland
2014-08-19 00:00:00 | Friends of the Earth Scotland
annual reports

Annual Report and Accounts 2013

2014-03-15 00:00:00 | Lloyds Banking Group
csr policies

Environmental Statement

2013-11-20 00:00:00 | Lloyds Banking Group
ngo documents

Banking while Borneo burns

How the UK financial sector is bankrolling Indonesia's fossil fuel boom
2013-09-30 00:00:00 | World Development Movement
ngo documents

The Cerrejón mine - Coal exploitation in Colombia

2013-05-01 00:00:00 | World Development Movement
ngo documents

Worldwide investments in Cluster munitions, a shared responsibility

2012-06-20 00:00:00 | IKV Pax Christi & FairFin
other documents

Lloyds Banking Group Cluster Munitions Investments

2011-05-25 00:00:00 | Netwerk Vlaanderen & IKV Pax Christi
correspondence

Letter to EPFI's on Equator Principles review process

2010-12-18 00:00:00 | Banktrack
other documents

Where did our money go?

2010-10-04 00:00:00 | New Economics Foundation
other documents

Lloyds Banking Group cluster munitions investments

2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi
other documents

Carbon management, a practical guide for suppliers

2009-01-01 00:00:00 | University of Cambridge Programme for Sustainability Leadership and Business in the Community

Media



Links

Dirty Money - an interactive documentary

An interactive documentary exploring how UK banks are financing coal mining in Indonesia. You can navigate your own way through a range of material. The documentary includes interview clips: including indigenous people whose homelands have been destroyed by coal mining, people in the mountains of Java running their own renewable energy projects, finance experts and campaigners.
http://www.wdm.org.uk/webdoc

Lloyds Banking Group responsible business pages

http://www.lloydsbankinggroup.com/our-group/responsible-business/

Policies

Voluntary initiatives

Lloyds Banking Group has committed itself to the following voluntary standards:

Investment policies

Lloyds corporate social responsibility webpage can be accessed here. 

Year:
csr policies

Coal Sector Statement

2018-08-02 00:00:00 | Lloyd's
csr policies

Modern slavery and human trafficking statement 2017

2018-02-28 00:00:00 | Lloyds Banking Group
csr policies

Human Rights Policy Statement

2018-02-28 00:00:00 | Lloyds Banking Group
csr policies

Modern Slavery and Human Trafficking Statement 2016

2017-06-30 00:00:00 | Lloyds Banking Group
csr policies

Anti-bribery policy statement

2017-06-30 00:00:00 | Lloyds Banking Group
csr policies

Third Party Policies

2016-08-01 00:00:00 | Lloyds Banking Group
csr policies

Sector Statements

2016-03-08 00:00:00 | Lloyds Banking Group
csr policies

Ethical policy statement

2015-11-30 00:00:00 | Lloyds Banking Group
csr policies

Code of Business Responsibility

2015-08-10 00:00:00 | Lloyds Banking Group
csr policies

Code of Personal Responsibility

2015-08-10 00:00:00 | Lloyds Banking Group
csr policies

Code of Supplier Responsibility

2015-05-28 00:00:00 | Lloyds Banking Group
csr policies

Supplier Qualification System

2015-04-28 00:00:00 | Lloyds Banking Group
csr policies

Environmental Statement

2013-11-20 00:00:00 | Lloyds Banking Group

Issues

Lloyds Banking Group and the Equator Principles

The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.

The Equator Principles exist already since 2003. Lloyds Banking Group adopted the Equator Principles in 2008.

Reporting on the Equator Principles

Lloyds Banking Group must report annually on its implementation of the Equator Principles. All information is supposed to be found here.

  • Lloyds Banking Group is not in compliance with its reporting obligations. The link provided is broken or not correct

Dodgy Deals

Lloyds Banking Group is involved in financing the following Equator Principles projects that BankTrack considers controversial.

Active

MGT Teesside biomass power station United Kingdom

energy plants - biomass

Human rights

True leader Front runner Follower Laggard
BankTrack has assessed Lloyds Banking Group on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Lloyds Banking Group is assessed as a Laggard, with a total score of 2/12.
Policy: 2/3Due dilligence: 0/3
Reporting: 0/3Remedy: 0/3
For more details, see Banking with Principles? 2016 update.

Equator Principles

Implementation and reporting

Lloyds Banking Group is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

Active

MGT Teesside biomass power station United Kingdom

energy plants - biomass

Good moves

Year: