Lloyds targets halving emissions from loan book by 2030
ClimateWise launches practical guides to scenario analysis
New and updated tools have been launched to help Investors use scenario analysis to understand how climate risks could affect their investment portfolios.
Private sector lagging on climate disclosure, report claims
Private sector asset owners tend to be less prepared than their public sector counterparts to make voluntary public statements and disclosures related to climate change, a report has claimed.
Lloyds Bank to stop financing new coal plants
Lloyds Banking Group will not fund new coal-fired power stations or thermal coal mines, or bank new clients which derive most of their revenue from such operations, it has said.
London launches £500m public/private energy efficiency fund
A £500 million ($667 million) fund, backed by public and private capital, has been launched to improve the energy efficiency of public buildings and small businesses in London.
‘Worryingly complacent’ UK pension funds neglect climate risk
Some of the largest pension funds in the UK are ‘worryingly complacent’ about the risks posed by climate change to investments, according to the Environmental Audit Committee (EAC).
Lloyds Bank introduces £2bn clean growth finance scheme
Lloyds Banking Group is offering a £2 billion ($2.7 billion) funding scheme to support companies that invest in the transition to a low-carbon economy.
Tideway completes £150m green private placement
London 'super sewer' developer Tideway has issued its third green bond, a £150 million ($214 million) private placement with an unnamed insurer.
Iberdrola revisits green hybrid market with €700m issue
Iberdrola has made good on its promise to raise more green capital in 2018 by issuing its second green hybrid bond.
Lloyds Bank provides £50m 'green loan' to UK science parks
Lloyds Bank will provide a £50 million ($67.5 million) 'green loan' to increase energy efficiency of buildings to UK science and technology park operator Manchester Science Partnerships (MSP).