The report provides an update on the company's progress towards its sustainability ambitions, along with the activities it is undertaking to understand its related risk and the opportunities to grow its business and generate sustainable shareholder returns. The report includes the second iteration of the company's Bank climate transition plan, and a progress update on the climate action plan previously released by Scottish Widows. The report covers the Group's sustainability progress from a broader environmental, social and governance perspective. Details on the Group's progress against the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and recommended disclosures and the Group's reporting requirements under Mandatory climate-related financial disclosures for Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 are included within pages 33 to 38 of the annual report and accounts 2023.
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Lloyds Banking Group PLC 2023 Sustainability Report
Issuing Company Lloyds Banking Group PLC
Report Type Sustainability Report
Report Language EN
Report Filesize 14.17 MB
No. of Pages 178 pages
Reporting periodJanuary 1, 2023-December 31, 2023
Report EditionUnknown
Assurance Provider Deloitte LLP
Reporting Standards GRI; SASB; UNSDGs; others
Materiality Assessmenttrue