SMEs playing catch-up over net zero goals - Fraser Sime
The CBI recently published its Seize the Moment initiative which called on businesses to act now to unlock £700bn in commercial growth opportunities by 2030. Alongside calls for greater innovation and the improvement of equality and inclusion, the CBI also wants firms to prioritise decarbonisation. Each are designed to help in the push for net zero and to boost low-carbon jobs and green exports.
Lloyds Banking Group aims to deliver £1.5bn funding to social housing in 2021, with at least £500m going towards environmental, social and corporate governance spending (ESG).
Since 2018, Lloyds Banking Group has provided £9bn of funding to the UK’s social housing sector, outstripping its original £2.25bn funding commitment by £6.75bn over this period due to strong sector demand and the group’s appetite to support more social housing and ESG projects.
The funding has been delivered by the group’s Lloyds Bank, Bank of Scotland, Scottish Widows and Lloyds Bank Corporate Markets teams.
The bank say their funding has aided the creation of more, high quality homes helping housing associations provide homes for those on the lowest incomes.