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Article published date - 13/01/2020
Read time - 14 mins
Being sustainable can bring business benefits beyond doing something good for the environment. We look at the reasons why businesses should go green and how we can help.
UK businesses currently produce a fifth (18%) of the nation’s greenhouse gases. But with the drive towards zero net carbon emissions by 2050, many are already putting in the work to reduce their impact on the environment –and reaping the added benefits it can bring.
As well as the obvious environmental impact, making efforts to become more sustainable can have added benefits for businesses, including:
Getting started with sustainability can be challenging: 90% of companies could still benefit from putting a proactive strategy in place to reduce waste and become more efficient. These tips can help your clients, and you, take steps to become greener:
We’re committed to helping businesses of all shapes and sizes become more sustainable. We’re supporting the shift towards sustainable business models and operations, and to pursue new clean growth opportunities.
As part of these efforts we’ve made sustainability one of our key decision-making criteria for all lending applications to ensure that relevant risks and opportunities are considered.
We also provide useful guidance aimed at helping businesses become more sustainable, which can be found at lloydsbank.com/insight
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
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