Lloyds pledges to halve emissions from projects it finances by 2030

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Banks are under increasing investor pressure to confront the climate impact of their lending strategies | Credit: Lloyds Bank
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Banks are under increasing investor pressure to confront the climate impact of their lending strategies | Credit: Lloyds Bank

The UK lender's pledge builds on previous commitments not to finance new coal-fired power stations or Arctic oil and gas exploration

Banking giant Lloyds yesterday pledged to more than halve the carbon emissions generated by the projects it finances by 2030, reflecting growing investor pressure on banks to reduce the climate exposure...

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