Climate change is a global issue, and we all have a part to play in protecting our future.
In 2019, we proudly became one of the pioneering banks to achieve carbon neutrality for Scope 1 and 2 emissions. We accomplished this through genuine emission reductions, as well as carbon offset credits usage. Since then, we’ve consistently maintained this status.
We’re taking a proactive approach to our emission targets, pledging our commitments ahead of many other businesses and setting ambitious targets for ourselves. You can read more in our TCFD report.
We’re proud to support businesses that are building greener futures and leading sustainable innovation in their industry.
We want to support at least 75% of our business trading customers in adopting a net zero target of their own. Over 20% of our current loans support businesses that place sustainability at the heart of their offering. Examples include Verto Homes, the UK’s first ever housebuilder to specialise in the design, build and sale of smart homes which produce zero carbon emissions; LNT Care, a carbon zero care home developer; and Deliciously Ella, a family-run plant-based food and beverage business.
We’re committed to working together with our peers to bring about positive change in our industry. Keeping ourselves accountable, we’ve become members of industry-wide commitments and groups, including, Tech Zero, the Partnership for Carbon Accounting Financials (PCAF), the Net Zero Banking Alliance, and the Glasgow Financial Alliance for Net Zero.