Lloyds Banking Group Intends to Support Green Economy in the UK

In January this year, Lloyds Banking Group has announced its new ambition to accelerate working with customers, government and the market to help reduce the carbon emissions in the UK that are financed by more than 50 percent by 2030.

According to the British financial services group, this is the estimated equivalent of removing the emissions produced by almost a quarter of UK homes. In 2020, Lloyds Banking Group intends to announce products and services to support and invest in greener finance for the UK. “We want to help our customers make the lifestyle changes required in their homes, vehicles and investments by creating green products and services that make it easier for them to invest in tackling climate change,” a press release said. “We will also support businesses by financing their investments in the green economy as well as helping to improve the energy efficiency of commercial buildings.”


(GR12020, Page 7, Photo: Gerd Altmann/Pixabay)