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2023-03-17 00:00:00
Briefing: The role of financial institutions in decarbonising the steel sector
2023-03-09 00:00:00
Dutch bank ING supports controversial pipeline to import gas from authoritarian Azerbaijan
2023-02-23 00:00:00
Financial institutions need to address steelmaking’s coal addiction
2023-02-07 00:00:00
What COP15 means for banks: meeting the Global Biodiversity Framework requires protecting Indigenous rights and divesting from harmful industries
2023-03-28 13:43:00
French bank Société Générale withdraws from Rio Grande LNG
2023-03-20 08:50:41
Who dares to finance Eni and Exxon’s dangerous Rovuma gas plans in Mozambique?
2023-03-14 14:59:00
New ING policy could spark bank shift away from financing oil and gas infrastructure
2023-02-24 13:46:14
Pego power station conversion plans halted
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Banking on Thin Ice: Two years in the heat
2022-11-17 00:00:00
BankTrack Global Human Rights Benchmark 2022
2022-10-21 00:00:00
Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance
2022-06-28 00:00:00
The East African Crude Oil Pipeline (EACOP): Finance Risk Update No. 3
2022-04-05 00:00:00
The BankTrack Human Rights Benchmark Asia
2022-03-30 00:00:00
Banking on Climate Chaos 2022
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Home › Banks ›
Bank
Lloyds Banking GroupUnited Kingdom

Active

This profile is actively maintained
Last update: 2023-02-21 15:23:20
Lloyds Banking Group head offices in London. Photo: Carcharoth via Wikimedia (CC BY-SA 4.0)

Active

This profile is actively maintained
Last update: 2023-02-21 15:23:20
About
Website http://www.lloydsbankinggroup.com
Headquarters
25 Gresham Street
EC2V 7HN London
United Kingdom
CEO/chair Charlie Nunn
Executive Director and Group Chief Executive
Supervisor
Bank of England
Ownership
listed on London Stock Exchange & NYSE

Lloyds Banking Group's complete shareholder structure can be accessed here.

Lloyds Bank was originally founded in 1765. In 1995 it merged with the Trustee Savings Bank and traded as Lloyds TSB Bank between 1999 and 2013. 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. 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.

Sustainability
Commitments
Policies
Voluntary standards

LLoyds Banking Group's most important sustainability commitments can be found at the website sections listed below.

Links

Responsible business

Group codes and policies

2023-02-10 00:00:00

Human rights policy statement

Bank policy
2023-02-10 00:00:00 | Lloyds Banking Group
2022-10-20 00:00:00

External sector statements

Bank policy
2022-10-20 00:00:00 | Lloyds Banking Group
2022-05-10 00:00:00

Modern slavery and human trafficking statement

Bank policy
2022-05-10 00:00:00 | Lloyds banking group
2022-01-14 00:00:00

Statement on climate change

Date listed represents date as accessed on website
Bank policy
2022-01-14 00:00:00 | Lloyds Banking Group
2019-12-01 00:00:00

Code of Supplier Responsibility

Bank policy
2019-12-01 00:00:00 | Lloyds Banking Group
2019-01-01 00:00:00

Defence sector statement

Bank policy
2019-01-01 00:00:00 | Lloyds Banking Group
2019-01-01 00:00:00

Forestry (incl. palm oil) sector statement

Bank policy
2019-01-01 00:00:00 | Lloyds Banking Group
2019-01-01 00:00:00

Mining sector statement

Bank policy
2019-01-01 00:00:00 | Lloyds Banking Group
2019-01-01 00:00:00

Oil & gas sector statement

Bank policy
2019-01-01 00:00:00 | Lloyds Banking Group
2019-01-01 00:00:00

Power sector statement

Bank policy
2019-01-01 00:00:00 | Lloyds Banking Group
2018-02-21 00:00:00

Code of responsibility

Bank policy
2018-02-21 00:00:00 | Lloyds Banking Group
2017-06-30 00:00:00

Anti-bribery policy statement

Bank policy
2017-06-30 00:00:00 | Lloyds Banking Group
2016-08-01 00:00:00

Third Party Policies

Bank policy
2016-08-01 00:00:00 | Lloyds Banking Group
2015-11-30 00:00:00

Ethical policy statement

Bank policy
2015-11-30 00:00:00 | Lloyds Banking Group
2015-08-10 00:00:00

Code of Business Responsibility

Bank policy
2015-08-10 00:00:00 | Lloyds Banking Group
2015-08-10 00:00:00

Code of Personal Responsibility

Bank policy
2015-08-10 00:00:00 | Lloyds Banking Group
2013-11-20 00:00:00

Environmental Statement

Bank policy
2013-11-20 00:00:00 | Lloyds Banking Group
Lloyds Banking Group has committed itself to the following voluntary standards:
Banking Environment InitiativeTags:
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
GRI Financial Services Sector SupplementTags: transparency | finance
Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants
Partnership for Carbon Accounting Financials (PCAF)Tags: carbon | corporate social responsibility
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
Soft Commodities CompactTags: Deforestation | forest
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
Taskforce on Nature-related Financial Disclosures (TNFD)Tags: corporate social responsibility | finance
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

Lloyds Banking Group is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Lloyds Banking Group's link to these deals.

Campaigns

Banks and Climate

The 2022 Banking on Climate Chaos report showed that Lloyds Banking Group provided US$ 12.65 Billion in financing to the fossil fuel industry between 2016 and 2021. Find further details on Lloyds Banking Group fossil fuel portfolio and how it compares to other large banks globally on Fossil Banks No Thanks and in the Banking on Climate Chaos report.

 

Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in the Coal Policy Tracker and Oil and Gas Policy Tool. Find further details on their assessment of Lloyds Banking Group fossil fuel policy below.

 


Banks and Human Rights

BankTrack assessed Lloyds Banking Group in its 2022 Global Human Rights Benchmark, where it achieved 4 points out of 14 and was ranked as a follower. In addition, Lloyds Banking Group scored 0 out of 3 on how it responds to alleged human rights violations linked to its finance, which were raised by civil society organisations. More information is detailed in the "Accountability" section of this profile.

Global Human Rights Benchmark 2022

BankLast update
Country
Score
Ranking
Details
Lloyds Banking Group
GBR
4
Follower
0
United Kingdom
Score
Follower
4
Explanation

Lloyds Banking Group's human rights policies, processes and reporting were assessed as part of the BankTrack Global Human Rights Benchmark 2022. The bank is assessed as a Follower, with a total score of 4 out of 14.

Policy: 2.5/3
Due dilligence: 1/5
Reporting: 0.5/3
Remedy: 0/3


Response Tracking:
The bank was also assessed on its responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations, for which it received an average score of 0/3. See the Response Tracking section of this profile for more details.

Explanation
Laggard
Follower
Front runner
Leader
0 - 3 points
3.5 - 6.5 points
7 - 10 points
10.5 - 14 points
For more details see this page.

Tracking the Net Zero Banking Alliance

Lloyds Banking Group is a member of the Net Zero Banking Alliance (NZBA) and has therefore committed to reduce its financed emissions to net zero by 2050; within 18 months of joining the alliance set interim targets for 2030 (or sooner) for high emission priority sectors, and within 36 months set further sector targets; set new intermediary targets every 5 years from 2030 onwards; annually publish data on emissions and progress against a transition strategy including climate-related sectoral policies; and take a robust approach to the role of offsets in transition plans. BankTrack track's implementation of these commitments in the NZBA compliance tracker.

 


Banks and Putin's war in Ukraine

BankTrack is keeping track of the public response of Lloyds Banking group to Russia's illegal invasion of Ukraine. Lloyds Banking group's public position on the war is unclear. Lloyds Banking group is scaling back" its operations in Russia. We consider its exposure to Russia as limited. Lloyds Banking group supports the Russian fossil fuel industry through loans and underwriting. For further details, see the table linked below.

News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Banks' energy policies reflect net-zero ambition gap

Restrictions on upstream oil and gas financing aren't the silver bullet that the sector needs to achieve its climate goals.
2023-02-23 | Euromoney
Blog
BankTrack news BankTrack blog Partner news Partner blog

Throwing fuel on the fire: GFANZ members provide billions in finance for fossil fuel expansion

2023-01-17 | Paris, France /Nijmegen, Netherlands | BankTrack, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Europe’s largest banks falling short on climate and biodiversity action

New ShareAction research uncovers urgent need for UK and European banking sector to close loopholes in climate and biodiversity strategies
2022-12-12 | ShareAction
Blog
BankTrack news BankTrack blog Partner news Partner blog

European financial institutions heavily invested in companies involved in illegal Israeli settlements

725 European Financial Institutions found to provide billions of dollars in finance to companies operating in Israel's illegal settlement enterprise
2022-12-05 | Brussels | Don't Buy Into Occupation
Blog
BankTrack news BankTrack blog Partner news Partner blog

New human rights assessment of banks shows slow progress and lack of action to address key gaps on reporting and remedy

BankTrack’s 2022 Global Human Rights Benchmark finds reporting at a standstill, remedy still lacking and no clear leaders
2022-11-17 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Lloyds Banking Group commits to not directly finance new oil and gas fields

ShareAction responds to first UK bank's commitment to not directly finance new oil and gas fields
2022-10-20 | ShareAction
Blog
BankTrack news BankTrack blog Partner news Partner blog

Jackdaw shows once again Shell is failing on climate. So why are its bankers failing to act?

2022-07-19 | The Hague, The Netherlands | Sumeyra Arslan – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: Largest European banks bankroll high-risk arms traders

2022-07-12 | PAX
Blog
BankTrack news BankTrack blog Partner news Partner blog

Climate groups call on Shell’s bankers to stop Jackdaw gas field

UK government’s regulatory approval opens the door for Shell to move ahead with the Jackdaw field
2022-06-03 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2022-03-30 | San Francisco, Bemidji, Nijmegen, Oakland, Paris, Sassenberg, Washington DC | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club, Urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

What the war in Ukraine teaches us

Lessons for European governments, companies and financiers - a Profundo Expert View
2022-03-04 | Jan Willem van Gelder - Profundo
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks failing to address severe human rights impacts transparently, finds BankTrack research

Findings reinforce the need for regulators to ensure access to effective remedy for people affected by bank finance
2021-12-14 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Glasgow wrap-up: updates from banks and civil society at COP26

With COP26 behind us, it’s as clear as ever before that banks must act urgently to help achieve the goal of limiting global warming to 1.5 C.
2021-11-17 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Climate groups call out banks lobbying for watered down Net Zero Commitments

Stop the Money Pipeline organizations respond to news that on behalf of a group of 12 banks, HSBC lobbied Mark Carney’s GFANZ to scrap mandatory science-based targets and delay a deadline.
2021-11-09 | New York | BankTrack, Stop the Money Pipeline
Blog
BankTrack news BankTrack blog Partner news Partner blog

Meet the banks funding the owners of the Cambo oil field

New research shines a spotlight on the banks backing Shell and Siccar Point Energy
2021-10-29 | #StopCambo
BankTrack news BankTrack blog Partner news Partner blog

Banks due at UK’s ‘Green’ Investment Summit ‘financed £700 billion in fossil fuels since Paris Agreement’

Citi, JPMorgan and Barclays among “world’s biggest financiers” of oil, gas and coal at government summit on green future.
2021-10-18 | DeSmog
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks and biodiversity: are banks moving towards Kunming?

As China hosts the first part of the UN Biodiversity Conference, banks are called upon to support its goals
2021-10-14 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report exposes billions in European financial support to companies in illegal Israeli settlements

2021-09-29 | Don't Buy Into Occupation
Blog
BankTrack news BankTrack blog Partner news Partner blog

Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

210+ groups support urgent call to action
2021-09-23 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Letter from ClientEarth to 17 banks regarding the Cambo oil field

2021-09-14 | ClientEarth
Blog
BankTrack news BankTrack blog Partner news Partner blog

North Sea oil field development shows banks’ hypocrisy over climate

ClientEarth sends letter to 17 banks urging them to stop financing Shell and Siccar Point Energy, the companies pushing for the Cambo oil field
2021-09-14 | ClientEarth
Blog
BankTrack news BankTrack blog Partner news Partner blog

New research puts big banks’ sustainability claims in doubt

While 20 of Europe’s 25 largest banks have pledged to reach net-zero emissions by 2050, none have matched these long-term ambitions with comprehensive plans to avert climate change and biodiversity loss
2021-09-06 | London | ShareAction
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks called upon to take action to protect biodiversity ahead of UN Biodiversity Conference in Kunming

Civil society organizations urge banks to adopt stringent “No Go” policy for biodiversity rich areas
2021-05-26 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

UK banks’ support for coal industry has risen since 2015 Paris climate pact

2021-05-04 | The Guardian
Blog
BankTrack news BankTrack blog Partner news Partner blog

The City of London, home of coal finance

Just six months before it hosts the crucial COP26 summit, the UK’s climate leadership has been called into question by a damning new report from Reclaim Finance
2021-05-04 | urgewald, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

New bank climate initiative fails to grasp urgent need to end finance for fossil fuels

Civil society statement on the launch of the Net-Zero Banking Alliance
2021-04-22 | Nijmegen | BankTrack, urgewald, Amazon Watch, Bank on our Future, Indigenous Environmental Network, Market Forces, Positive Money, Rainforest Action Network, Reclaim Finance, ShareAction, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Leading finance firms sign up to Mark Carney forum on low-carbon investment

2021-04-21 | The Guardian
Blog
BankTrack news BankTrack blog Partner news Partner blog

More than half of Europe’s bank directors too compromised to end fossil fuel finance

2021-04-07 | DeSmog
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016
2021-03-24 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Banking beyond deforestation

How the banking industry can help halt and reverse deforestation
2021-01-18 | Cambridge Institute for Sustainability Leadership
Blog
BankTrack news BankTrack blog Partner news Partner blog

Six years of the Soft Commodities Compact failed to slow bank finance for deforestation

New BankTrack research shows need for banks to move beyond certification requirements
2020-12-01 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Banks fail communities on consultation and grievance mechanisms, new study finds

BankTrack research into nine projects financed ‘under Equator’ finds routine failures to conduct proper community consultation and a lack of effective project-level grievance mechanisms
2020-11-24 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Calls for Lloyd's of London to rule out insurance for Adani coal mine

2020-10-23 | Insurance Business Australia
Blog
BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

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

2019-05-22 | Frankfurt am Main | Facing Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

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

2017-07-12 | War on Want
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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

2017-03-27 | Fair Finance International, Oxfam
BankTrack news BankTrack blog Partner news Partner blog

Fossil fuel divestment campaign grows as protesters target UK banks

2015-02-13 | The Guardian
Blog
BankTrack news BankTrack blog Partner news Partner blog

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

2014-08-19 | Edinburgh | Friends of the Earth Scotland
Blog
BankTrack news BankTrack blog Partner news Partner blog

Protestors to target Lloyds AGM over coal investments

2014-05-14 | Edinburgh | World Development Movement
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Who's Funding Climate Change...

2013-10-04 | The Huffington Post
Blog
BankTrack news BankTrack blog Partner news Partner blog

UK banks financing coal boom destroying Borneo rainforests

2013-10-01 | London | World Development Movement
BankTrack news BankTrack blog Partner news Partner blog

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

2013-04-10 | RAN
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Don’t bank on the bomb

2012-03-05 | Washington | ICAN
BankTrack news BankTrack blog Partner news Partner blog

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
BankTrack news BankTrack blog Partner news Partner blog

Time to Improve the Equator Principles, BankTrack Says

BankTrack quoted
2011-10-24 | Washington | Social Funds
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

Financiers search for sustainable future

BankTrack quoted
2011-10-20 | Washington | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Sudanese president may have $9 billion with Lloyds bank

2010-12-18 | London, UK | Global Witness
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
Resources
Documents
Links
2023-02-10 00:00:00

Human rights policy statement

Bank policy
2023-02-10 00:00:00 | Lloyds Banking Group
2023-01-27 00:00:00

Background briefing: Just 7% of global banks' energy financing goes to renewables, new data shows

BankTrack publication
2023-01-27 00:00:00 | Profundo for Sierra Club, Fair Finance International, BankTrack, Rainforest Action Network
2022-11-17 00:00:00

BankTrack Global Human Rights Benchmark 2022

BankTrack publication
2022-11-17 00:00:00 | BankTrack
2022-10-20 00:00:00

External sector statements

Bank policy
2022-10-20 00:00:00 | Lloyds Banking Group
2022-10-17 00:00:00

Responses received to letters sent to signatories of the Glasgow Financial Alliance for Net Zero

Other document
2022-10-17 00:00:00 | London Stock Exchange
2022-06-03 00:00:00

Letter from BankTrack, 350.org, Bank on our Future and Uplift to 25 banks on Shell's proposed Jackdaw gas field

Correspondence
2022-06-03 00:00:00 | BankTrack, 350.org, Bank on our Future and Uplift
2022-05-10 00:00:00

Modern slavery and human trafficking statement

Bank policy
2022-05-10 00:00:00 | Lloyds banking group
2022-03-30 00:00:00

Banking on Climate Chaos 2022

Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021
BankTrack publication
2022-03-30 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, urgewald
2022-03-29 00:00:00

Annual report 2021

Annual report
2022-03-29 00:00:00 | Lloyds Banking Group
2022-02-24 00:00:00

2021 Lloyds Banking Group Annual Report and Accounts

Bank document
2022-02-24 00:00:00 | Lloyds Banking Group
2022-02-24 00:00:00

2021 Lloyds Banking Group Climate Report

Bank document
2022-02-24 00:00:00 | Lloyds Banking Group
2022-01-14 00:00:00

Statement on climate change

Date listed represents date as accessed on website
Bank policy
2022-01-14 00:00:00 | Lloyds Banking Group
2021-12-14 00:00:00

Actions speak louder: Assessing bank responses to human rights violations

BankTrack publication
2021-12-14 00:00:00 | BankTrack
2021-10-04 00:00:00

A practitioner's guide for banks

Considerations for banks in setting a net zero strategy
Bank document
2021-10-04 00:00:00 | Sustainable Markets Initiative - Financial Services Taskforce
2021-05-25 00:00:00

The Big Smoke

The global emissions of the UK financial sector
NGO document
2021-05-25 00:00:00 | Greenpeace and WWF
2021-05-04 00:00:00

City of Coal

The Climate Crimes of UK Finance
NGO document
2021-05-04 00:00:00 | Reclaim Finance and Urgewald
2021-04-30 00:00:00

CSR Report 2020

Annual report
2021-04-30 00:00:00 | LLoyds Banking Group
2021-04-21 00:00:00

Commitment statement Net Zero Banking Alliance

Other document
2021-04-21 00:00:00 | UNEP FI Principles for Responsible Banking
2021-03-09 00:00:00

Annual report 2020

Annual report
2021-03-09 00:00:00 | Lloyds Banking Group
2021-01-18 00:00:00

Banking beyond deforestation

How the banking industry can help halt and reverse deforestation
Other document
2021-01-18 00:00:00 | Cambridge Institute for Sustainability Leadership
2020-11-30 00:00:00

Soft Commitments, Hard Lessons: an analysis of the Soft Commodities Compact

BankTrack publication
2020-11-30 00:00:00 | BankTrack
2020-11-24 00:00:00

"Trust Us, We're Equator Banks": Part II

BankTrack publication
2020-11-24 00:00:00 | BankTrack
2020-11-16 00:00:00

The Banking Environment Initiative (BEI) & the Consumer Goods Forum (CGF)’s ‘Soft Commodities’ Compact

Other document
2020-11-16 00:00:00 | Banking Environment Initiative
2020-11-16 00:00:00

The BEI & CGF’s ‘Soft Commodities’ Compact: Technical Guidance

Other document
2020-11-16 00:00:00 | Banking Environment Initiative
2020-02-25 00:00:00

Annual report 2019

Annual report
2020-02-25 00:00:00 | Lloyds Banking Group
2019-12-01 00:00:00

Code of Supplier Responsibility

Bank policy
2019-12-01 00:00:00 | Lloyds Banking Group
2019-08-13 00:00:00

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

Correspondence
2019-08-13 00:00:00 | Lloyds
2019-08-12 00:00:00

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

Correspondence
2019-08-12 00:00:00 | BankTrack
2019-04-15 00:00:00

Annual report 2018

Annual report
2019-04-15 00:00:00 | LLoyds Banking Group
2019-01-01 00:00:00

Defence sector statement

Bank policy
2019-01-01 00:00:00 | Lloyds Banking Group
2019-01-01 00:00:00

Forestry (incl. palm oil) sector statement

Bank policy
2019-01-01 00:00:00 | Lloyds Banking Group
2019-01-01 00:00:00

Mining sector statement

Bank policy
2019-01-01 00:00:00 | Lloyds Banking Group
2019-01-01 00:00:00

Oil & gas sector statement

Bank policy
2019-01-01 00:00:00 | Lloyds Banking Group
2019-01-01 00:00:00

Power sector statement

Bank policy
2019-01-01 00:00:00 | Lloyds Banking Group
2018-04-30 00:00:00

Annual Report 2017

Annual report
2018-04-30 00:00:00 | Lloyds Banking Group
2018-02-21 00:00:00

Code of responsibility

Bank policy
2018-02-21 00:00:00 | Lloyds Banking Group
2017-12-07 00:00:00

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

NGO document
2017-12-07 00:00:00 | Christian Aid
2017-07-03 00:00:00

Deadly Investments

UK bank complicity in Israel’s crimes against the Palestinian people
NGO document
2017-07-03 00:00:00 | War on Want
2017-06-30 00:00:00

Anti-bribery policy statement

Bank policy
2017-06-30 00:00:00 | Lloyds Banking Group
2017-03-31 00:00:00

Annual report 2016

Annual report
2017-03-31 00:00:00 | Lloyds Banking Group
2016-08-01 00:00:00

Annual Review 2015

Annual report
2016-08-01 00:00:00 | Lloyds Banking Group
2016-08-01 00:00:00

Annual Report and Accounts 2015

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

Third Party Policies

Bank policy
2016-08-01 00:00:00 | Lloyds Banking Group
2015-11-30 00:00:00

Ethical policy statement

Bank policy
2015-11-30 00:00:00 | Lloyds Banking Group
2015-08-10 00:00:00

Code of Business Responsibility

Bank policy
2015-08-10 00:00:00 | Lloyds Banking Group
2015-08-10 00:00:00

Code of Personal Responsibility

Bank policy
2015-08-10 00:00:00 | Lloyds Banking Group
2015-04-28 00:00:00

Supplier Qualification System

Bank document
2015-04-28 00:00:00 | Lloyds Banking Group
2015-03-25 00:00:00

Annual Report and Accounts 2014

Annual report
2015-03-25 00:00:00 | Llyods Banking Group
2015-03-25 00:00:00

Responsible Business Review 2014

Annual report
2015-03-25 00:00:00 | Lloyds Banking Group
2015-03-25 00:00:00

Responsible Business Report 2013

Annual report
2015-03-25 00:00:00 | Lloyds Banking Group
2014-08-19 00:00:00

Smaller, Greener Banking

Banking for Sustainability in a New Scotland
NGO document
2014-08-19 00:00:00 | Friends of the Earth Scotland
2014-03-15 00:00:00

Annual Report and Accounts 2013

Annual report
2014-03-15 00:00:00 | Lloyds Banking Group
2013-11-20 00:00:00

Environmental Statement

Bank policy
2013-11-20 00:00:00 | Lloyds Banking Group
2013-09-30 00:00:00

Banking while Borneo burns

How the UK financial sector is bankrolling Indonesia's fossil fuel boom
NGO document
2013-09-30 00:00:00 | World Development Movement
2013-05-01 00:00:00

The Cerrejón mine - Coal exploitation in Colombia

NGO document
2013-05-01 00:00:00 | World Development Movement
2012-06-20 00:00:00

Worldwide investments in Cluster munitions, a shared responsibility

NGO document
2012-06-20 00:00:00 | IKV Pax Christi & FairFin
2011-05-25 00:00:00

Lloyds Banking Group Cluster Munitions Investments

Other document
2011-05-25 00:00:00 | Netwerk Vlaanderen & IKV Pax Christi
2010-12-18 00:00:00

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

Correspondence
2010-12-18 00:00:00 | Banktrack
2010-10-04 00:00:00

Where did our money go?

Other document
2010-10-04 00:00:00 | New Economics Foundation
2010-04-01 00:00:00

Lloyds Banking Group cluster munitions investments

Other document
2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi
2009-01-01 00:00:00

Carbon management, a practical guide for suppliers

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

Lloyds Banking Group responsible business pages

Accountability
Grievances
Response tracking

Lloyds Banking Group does not operate a complaints or grievances channel for individuals and communities that may be adversely affected by the bank's finance.

Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance).

This page evaluates Lloyds Banking Group's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
Banks and Dirty Diesel: Vitol and Trafigura (May 2017)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank publicly responded citing client confidentiality.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
BankTrack Human Rights Briefing, May 2017
Don't Buy into Occupation report, Sept 2021
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank responded citing client confidentiality
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.

Following the bank's response: The bank has not provided details on how it monitored the progress of specific companies or how the bank monitored the impact on rights-holders involved in raising the issue with the bank of its own action of updating the Agriculture sector policy. Therefore, the score remains unchanged.

More info
"Don't Buy Into Occupation" report, Sept 2021

Average
100%
0
0
0
0
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