Environmental, Social And Governance Report

Overview

The report is Lloyds Banking Group's first ESG Report for 2020 and covers its responsible-business priorities and selected environmental and social performance. The company describes a goal to reduce financed emissions by more than 50 per cent by 2030 on a path to net zero by 2050, alongside a net-zero operations target for 2030. Operational disclosures include 159,487 tonnes of location-based CO2e emissions, 524.02 GWh of total energy consumption and 939,845 m3 of water consumption. Social reporting highlights 61,577 FTE employees and 33.3% female representation on the Board.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2020
Period: 1 January 2020 – 31 December 2020
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level
CDP score

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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Overview