Lloyds Banking Group
Banking and financial services
One of the UK's largest banks. Formed by the 2009 merger of UK banks Lloyds TSB and HBOS. Operates under the brands Lloyds TSB, Halifax, and Bank of Scotland.
|Lloyds Banking Group plc||UK||website|
|Lloyds Banking Group plc|
CDP's 2016 report "Out of the starting blocks" reveals which companies around the world are doing the most to combat climate change. This company is included on the A List.
[Source 2016][More on Climate Change]
The Equator Principles (EPs) are a set of guidelines, based upon the Performance Standards and guidelines from the IFC, the World Bank's private sector lending arm for private banks to assess and mitigate risks in project finance. Banks use the Principles to guide internal operating procedures for transaction for specific projects. Although the EPs are an important step to raise overall standards of financiers and projects in the developing world, they currently fall short on transparency and governance requirements.
[Source 2011][More on Governance]
The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soya, beef, leather, timber, and pulp and paper). This financial institution received a score of 1/5.
[Source 2015][More on Forests]
In 2012 the International Campaign to Abolish Nuclear Weapons (ICAN) published a global report which identified over 300 banks and other financial institutions that invest in nuclear weapons producers. This financial institution has invested in 10 of the 20 nuclear weapons producers named in the report since 2008.
[Source 2012][More on Military]
This company has been criticised by ActionAid for having subsidiaries in tax havens. One of the main reasons companies have subsidiaries in tax havens is to dodge their taxes. Developing countries lose more to tax dodging than they receive in aid each year.
[Source 2011][More on Finance]
This bank is a member of the Banking Environment Initiative, which was created in 2010 by the chief executives of some of the world's largest banks. Its stated mission is to lead the banking industry in collectively directing capital towards environmentally and socially sustainable economic development.
[Source 2015][More on Governance]
This company received a score of 57.1/100 in the Newsweek Green Rankings 2016, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
[Source 2016][More on Sustainability Reporting]
BankTrack is a global network of civil society organisations and individuals tracking the operations of the private financial sector and its effect on people and the planet.
This company is listed on the Facing Finance website as a financial institution which invests in companies that manufacture weapons or profit from violations of human rights, pollution, corruption, or international law. Follow link for further details.
|Company Structure||Public company|
|Revenue||US$66 billion in 2011|
|# Employees||98,538 in 2011 in World|
|Subsidiaries||Lloyds TSB Development Capital
Lloyds International Pty Ltd
|Address||London, United Kingdom|