28 January 2020

Lloyds Banking Group releases green app

Written By FinTech Alliance in Banking

Lloyds Banking Group releases green app

Lloyds is set to release an app to help clients improve energy efficiency.

In Brief:

  • Commercial Banking clients can identify and make energy-efficient investments in their buildings.

  • Lloyd’s has also pledged to reduce the carbon emissions it finances by more than 50% come 2030.

  • The bank also has its own target to reduce emissions by 80% by 2050.

What does this mean?

These are all part of a wider green campaign from Lloyd’s – various other efforts including a social media campaign and training relationship managers on sustainability issues are also well underway.

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