Lloyds to grant green loans to 10million sq ft of property
6th March 2017
Banking Group has decided to fund 10 million sq ft of commercial real estate
with green loans to help businesses become more energy efficient by 2020.
initiative, part of its 2017 Helping Britain Prosper Plan, marks the first time
Lloyds Banking Group has included an environment target under its plan.
firm said its goal is to demonstrate “commitment to support green business
initiatives and incentivize low carbon real estate.”
Horta-Osório, chief executive of Lloyds Banking Group said: “The Helping
Britain Prosper Plan captures the commitments we’re making to help the country
economically and socially, which as a UK focused retail and commercial bank we
are uniquely placed to do.”