Hermes
Helping Hermes build one of the largest distribution centres in Europe and achieve its sustainability ambitions.
Read time: 4 mins Added: 16/09/2021
National delivery firm Hermes has navigated the pandemic and continued to write its success story over the last 18 months as e-commerce boomed. Now it’s time for further growth.
Lloyds Bank has backed the business’ plans to build their largest distribution centre in Europe, covering 339,827 square feet of space, based in Barnsley, Yorkshire.
Not only will the funding help create up to 1,400 jobs but it will also go towards deploying the UK’s largest fleet of compressed natural gas (CNG) vehicles within in the delivery sector. CNG vehicles operate like gasoline ones with spark-ignited internal combustion engines. The reported benefits of using gas instead of petrol or diesel is that the emission of carbon monoxide, is significantly reduced and produces fewer hydrocarbons than other fuel types. Hermes estimates that, collectively, their fleet of CNG vehicles will reduce its annual CO2 footprint by approximately 24,000 tonnes.
Hermes’ head of fleet David Landy said: “Sustainability is a huge focus for us as we recognise our responsibility as one of the UK’s largest consumer delivery companies. We are committed to putting sustainability at the heart of every aspect of our business, through innovative products and processes. As such, we were an early adopter of CNG as an alternative fuel and are continuing to increase its presence in our fleet, to drive down emissions.”

James Longley, Relationship Director within Lloyds Bank’s Corporate & Institutional Coverage team, said: “Hermes is a fantastic growth story, and our support is helping play a key part in this as the business looks to create jobs in Barnsley and deliver a sustainable fleet. The sheer scale of the state-of-the-art distribution centre and sustainable investment in a sector leading CNG fleet are great examples of the ambition of the business and the positive direction of travel in which it continues to head.”
All lending is subject to status.
You may also be interested in:
Important legal information
Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH.
Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.
Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH has its registered office at Thurn-und-Taxis Platz 6, 60313 Frankfurt, Germany. The company is registered with the Amtsgericht Frankfurt am Main, HRB 111650. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht.
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.
While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.