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Lloyds Banking Group

Assessment year: 2018

Total score

2 out of 5

Awareness, understanding and intent

2 out of 5

Commodity

2 out of 5

Scope

2 out of 5

Implementation, monitoring and reporting

2 out of 5

Assessment year: 2017

Total score

3 out of 5

Awareness, understanding and intent

2 out of 5

Commodity

3 out of 5

Scope

3 out of 5

Implementation, monitoring and reporting

2 out of 5

Assessment year: 2016

Total score

2 out of 5

Overall forest policy

3 out of 5

Policy strength

2 out of 5

Reporting and transparency

3 out of 5

Assessment year: 2015

Total score

2 out of 5

Overall forest policy

2 out of 5

Policy strength

0 out of 5

Reporting and transparency

2 out of 5

Assessment year: 2014

Total score

2 out of 5

Overall forest policy

2 out of 5

Policy strength

0 out of 5

Reporting and transparency

2 out of 5

Financial institution type

Asset manager, Bank, Insurance company

United Kingdom

Collective commitments

Banking Environment Initiative member

Yes

New York Declaration on Forests signatory

Yes

150 Financial institutions

Investors and lenders need to adopt and implement environmental, social and governance (ESG) criteria that ensure their investments are not funding deforestation. For analysis of how the financial sector is performing click here.

This assessment has been carried out following the assessment methodology developed for the Forest 500 project.

Profile

Lloyds Banking Group plc are financial services group headquartered in the UK serving individual and commercial clients. Their services include banking (retail, commercial and corporate), insurance, pensions and investments. As of 2017, their total assets amount to over £810 billion with loans of over £450 billion. Lloyds Banking Group plc are in top 50 lenders to Forest 500 companies, with more than 5.3 billion USD across a broad range of forest risk sectors.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our citation guidance for advice on how to cite data presented here or elsewhere on this site.

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