Lloyds Banking GroupUnited Kingdom
Created before Nov 2016
Last update: 2020-02-25 16:13:33
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About Lloyds Banking Group

Lloyds Banking Group was formed in 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 group’s main business activities are retail, commercial and corporate banking, general insurance, and life, pensions and investment provision. Lloyds Banking Group operates under numerous brands such as Lloyds Bank, Scottish Widows, Bank of Scotland and Halifax.

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 2019
Ownership
listed on London Stock Exchange & NYSE Euronext

In October 2008, as part of the government bailout, the British government took a 43.4% stake in Lloyds. The process of returning Lloyds to the private sector began in September 2013 and was completed in May 2017. The bank's current shareholder structure can be accessed here.

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

Hazelwood coal power plant Australia profile

Coal Electric Power Generation
Debt – project finance
USD 47 million
21 January 2010 - 30 June 2012
Co-financed a loan of USD 678.13m to refinance the project.
source: IJGlobal transaction data, December 2013
Debt – corporate loan
AUD 63 million
2008
source: link
There are no active projects for Lloyds Banking Group now.

Projects - on record profiles

Cerrejón coal mine Colombia profile

Coal Mining
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

Coal Mining | Fossil Fuels Bulk Stations and Terminals | Oil and Gas Extraction
Debt – corporate loan
AUD 175 million
5 May 2013
source: link

MGT Teesside biomass power station United Kingdom profile

Biomass Electric Power Generation
Debt – corporate loan
11 August 2016
The bank is providing to the GBP 650 million loan of Macquarie bank.
source: link

Companies - active profiles

Bunge United States profile

Agriculture for Food Crops | Agriculture for Palm Oil
Debt – corporate loan
USD 35 million
2013 - 2018
source: Complicity in Destruction II report, Amazon Watch.
link

RWE Germany profile

Coal Electric Power Generation | Coal Mining | Nuclear Electric Power Generation | Solar Electric Power Generation | Wind Electric Power Generation
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
Share issue – underwriter
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

Coal Mining | Mining
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

BAE Systems United Kingdom profile

Arms Industry and Trade
Debt – corporate loan
EUR 100 million
30 April 2018
Lloyds Bank participated in a syndicated loan to BAE Systems for 100.13 million euro of a total package of 2.3 billion euro.
source: Facing Finance
link

BHP Billiton Australia profile

Coal Mining | Mining | Oil and Gas Extraction
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

Nuclear Electric Power Generation
Bond issue – underwriter
EUR 348.18 million
source: Thomson ONE database.

ENGIE France profile

Coal Electric Power Generation | Hydroelectric Power Generation
Debt – corporate loan
EUR 11.9 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Glencore Switzerland profile

Coal Mining
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

Lockheed Martin United States profile

Arms Industry and Trade
Debt – corporate loan
EUR 215 million
24 August 2018
Lloyds participated for 215.3 million euro in a syndicated 2.2-billion-euro loan to Lockheed Systems
source: Facing Finance
link
Debt – corporate loan
EUR 235 million
9 October 2017
Lloyds participated on a 2.2-billion-euro loan package for 234.7 million euro
source: Facing Finance
link
Debt – corporate loan
EUR 250 million
7 October 2016
Lloyds participated on a 2.2 billion euro loan package for 248.04 million euro
source: Facing Finance
link

Sime Darby Malaysia profile

Agriculture for 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

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

Trafigura Singapore profile

Commodities Trading | Oil and Gas Extraction
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 Extraction
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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Policy Assessments

Banks and human rights

BankTrack Human Rights Benchmark 2019

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
Lloyds Banking Group
GBR
For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

Equator Principles: New BankTrack database sheds light on patchy project name reporting

BankTrack publishes database of Equator-financed projects, together with analysis showing some banks report few or no project names – notable poor performers include ING, HSBC and Lloyds
2020-06-29 | BankTrack
blog
external news
our news

Yet another global bank rejects Arctic Refuge drilling

Lloyds Bank, one of the largest in the UK, will not fund Arctic oil and gas operations
2020-02-21 | Sierra Club
blog
external news
our news

Lloyds set to halve carbon emissions it finances in 10 years

Bank vows to create ‘green products and services’ such as energy efficiency mortgages
2020-01-21 | The Guardian
blog
external news
our news

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks
2019-11-26 | BankTrack
blog
external news
our news

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
blog
external news
our news

Dirty Profits 7 - Out of Control: Irresponsible weapons transfers and future weapon systems

2019-05-22 | Frankfurt am Main | Facing Finance
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 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 | 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:
annual reports

Annual report 2019

2020-02-25 00:00:00 | Lloyds Banking Group
csr policies

External sector statements

2020-02-21 00:00:00 | Lloyds Banking Group
csr policies

Statement on climate change

2020-01-21 00:00:00 | Lloyds Banking Group
correspondence

Letter from Lloyds to BankTrack on comments on 2019 Human Rights Benchmark

2019-08-13 00:00:00 | Lloyds
correspondence

Letter from BankTrack to Lloyds Bank on Lloyds Bank's Future Relationship with the Fossil Fuel Industry

2019-08-12 00:00:00 | BankTrack
our publications

UN Global compact communication on progress

2019-05-03 00:00:00 | Lloyds Banking Group
csr policies

Code of Supplier Responsibility

2019-04-30 00:00:00 | Lloyds Banking Group
annual reports

Annual report 2018

2019-04-15 00:00:00 | LLoyds Banking Group
csr policies

Coal sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Defence sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Forestry (incl. palm oil) sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Mining sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Oil & gas sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Power sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Modern slavery and human trafficking statement

2018-12-31 00:00:00 | Lloyds Banking Group
annual reports

Annual Report 2017

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

Human Rights Policy Statement

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

Code of responsibility

2018-02-21 00:00:00 | Lloyds Banking Group
ngo documents

The Big Shift - Banks must invest our money in a cleaner future

2017-12-07 00:00:00 | Christian Aid
ngo documents

Deadly Investments

UK bank complicity in Israel’s crimes against the Palestinian people
2017-07-03 00:00:00 | War on Want
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

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
bank documents

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 from BankTrack to EPFIs on issues around 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 Banking Group's corporate social responsibility webpage can be accessed here.

Year:
csr policies

External sector statements

2020-02-21 00:00:00 | Lloyds Banking Group
csr policies

Statement on climate change

2020-01-21 00:00:00 | Lloyds Banking Group
csr policies

Code of Supplier Responsibility

2019-04-30 00:00:00 | Lloyds Banking Group
csr policies

Coal sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Defence sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Forestry (incl. palm oil) sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Mining sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Oil & gas sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Power sector statement

2019-01-01 00:00:00 | Lloyds Banking Group
csr policies

Modern slavery and human trafficking statement

2018-12-31 00:00:00 | Lloyds Banking Group
csr policies

Human Rights Policy Statement

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

Code of responsibility

2018-02-21 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

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

Environmental Statement

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

Equator Principles

Implementation and reporting

Lloyds Banking Group is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

on record

MGT Teesside biomass power station United Kingdom

Biomass Electric Power Generation

Good moves

Year: