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We recognise that climate change is one of the biggest challenges facing the UK today. Because of this, sustainability is now a key part of our business strategy, and that of many of our customers and clients. However, the transition to sustainable business practices can be challenging without support. We are committed to being a leading UK commercial bank for sustainable growth, helping our clients’ transition to sustainable business models and operations, and to pursue new clean growth opportunities.

The UK Government has set an ambition to be net zero by 2050, with the National Farmers Union (NFU) setting the agriculture sector an even more ambitious goal of transitioning to net zero by 2040. This means achieving an overall balance between reducing greenhouse gas emissions produced and increasing carbon dioxide removed from the atmosphere through sequestration.

We have produced a report outlining the critical recommendations to the agriculture sector as part of their transition to a net zero future, which are supported by a range of bodies such as the Committee on Climate Change and the NFU. The report covers:

  • What climate change is and why it matters;
  • Practical recommendations as to how you can transition to net zero;
  • How we can help.

Transition your business to net zero emissions

Our Agriculture team has received sustainability training from the world-leading University of Cambridge Institute of Sustainability Leadership. They will work with you to transition your business through:

  • Providing discounted lending through our Clean Growth Financing Initiative for a broad range of investments in sustainable agriculture, from renewable energy generation such as solar and wind, to green agri-tech solutions
  • Heavily subsidising tree and hedgerow planting through the Woodland Trust to reduce cost to you by up to 75%
  • Measuring your carbon footprint, using a free carbon calculator tool that is right for you. We can introduce you to either the Cool Farm Tool, the Farm Carbon Toolkit or Agrecalc
  • Providing regular sustainability information sessions with recognised leaders on a wide range of issues related to the low-carbon agenda, from regenerative agriculture to managing your soil health to improving both yield and environmental benefits in the field to help you in your transition

Woodland Trust

We are helping to fund the Woodland Trust’s MOREwoods scheme to help landowners plant trees as part of your transition to a low-carbon future.

More about the Woodland Trust

Customer Case Studies

Find out how we have supported our agriculture customers to become more sustainable.

Read customer stories

Hedgerow Management for Carbon Sequestration and Biodiversity

Hear how countryside stewardship can improve biodiversity and increase wildlife using tree and hedgerow planting, wildflower margins, wild bird seed mixes and beetle banks.

Soil health for sustainable agriculture

As the industry is encouraged to move towards sustainable agriculture and sustainable food production, soil and soil health is a key area of focus.

Sustainable environmental agriculture

Strategies to transition to net zero

Making sense of carbon accounting: What’s the financial and natural value for farmers?

Get in touch

Contact a sector specialist to see how our services can benefit your business.

There are a number of ways in which you can begin your transition to net zero and we have provided information below on some of the key

recommendations and highlighted how we can help you achieve net zero:

Steps to net zero

Our ambition is to be the sector’s partner of choice on its transition to a low carbon future. Climate change presents both risks and opportunities, and having supported many generations of farmers up until now, we’re keen to work with you to help finance a greener future, together.

Alongside measuring your carbon footprint, a summary of our recommendations to support the agriculture sector’s transition to net zero include:

Planting trees and hedgerows to sequester carbon

Tree planting and reforestation is key to decarbonising the UK’s agriculture land and increasing the UK’s woodland cover in line with the UK’s transition to net zero. Our partnership with the Woodland Trust offers farms the opportunity to plant trees and hedges at heavily subsidised rates, reducing the cost to you by up to 75%.

Improve productivity and efficiency

There are a number of ways to improve agricultural productivity and efficiency while also reducing your carbon footprint. Reducing nitrous oxide and methane emissions are priorities, via activities such as the use of controlled release fertilisers and urease inhibitors and improving animal health and reducing livestock numbers overall.

Invest in low carbon agri-technology

The adoption of agri-tech solutions is a key enabler of the transition to net zero. From utilising livestock sensors, precision agriculture and hydroponic technology, the solutions support an increase in both yield and productivity. Find out more about lending options available.

Boost renewable energy generation

Boosting renewable energy and the bio-economy to displace greenhouse gas emissions from fossil fuels is a key part of the NFU’s ambition for achieving net zero. Investment in renewable energy can provide additional income, support the production of organic fertiliser and improve waste management.

Improve soil health

Soils are the second largest carbon sink after our oceans, containing approximately 94% of the total carbon stored in the biosphere. Soil health is therefore hugely important both to preserving soil fertility, and the fight against climate change. Key solutions include maintaining cover crops, minimising tillage and tree planting.

Restore peatlands

Peatlands are a key part of the UK’s landscape, covering 12% of the UK’s land area. Both upland and lowland peatlands are significant carbon sinks with 57% of the UK’s soil carbon stored in peatland. However, it is estimated that 80% of peatlands are significantly damaged, and so restoring and preserving peatlands is crucial.

Carbon Calculators

Measuring your carbon footprint at farm-level is a critical first step towards your transition to net zero. There are a number of carbon calculator tools on the market which can do this, and different tools will be appropriate for different farms. There are a number of options for carbon calculators, and while each of the carbon calculators are self-serve, we are happy to make introductions to the tool of your choice if that would be helpful.

We offer an introduction to the three market leading tools to support you on this journey:

Farm Carbon Calculator

The Farm Carbon Calculator is free for farmers and gives a numerical and visual estimate of the greenhouse gas emissions across all farming enterprises (using current internationally agreed emission factors) and shows how they might improve with any proposed changes to that farming system. It also uniquely provides an estimate of the amount of carbon sequestration that a farm is achieving.

To find out more email: info@farmcarbontoolkit.org.uk or visit: www.farmcarbontoolkit.org.uk.


Agrecalc is free for measurement of your annual footprint and more detailed benchmarking and scenarios start at £59 a year. Agrecalc is a carbon footprint tool designed to identify the level and sources of greenhouse gas emissions by farm, enterprise and product. It allows improvements to be monitored and can help benchmark key performance indicators using an extensive farm database.

To find out more email: info@agrecalc.com or visit: www.agrecalc.com.

Cool Farm Tool

The Cool Farm Tool is free for farmers and is an online calculator that enables farmers to measure their greenhouse gas emissions and understand mitigation options for agricultural production. The Cool Farm Tool is a product footprint tool, not a whole farm tool. It is used by many food companies to measure emissions, such as Unilever.

To find out more email: info@coolfarmtool.org or visit: www.coolfarmtool.org.

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. Telephone: 020 7626 1500

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

For further information about the compensation provided by the FSCS, refer to the FSCS website at www.fscs.org.uk/. You can also visit our Fcial Services Compensation Scheme page for more details.