Lloyds Banking Group Plc

Diversified Banks

LYG

$ 2.6 0

Share price

$ 44 bn

Market Cap

$ 41 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.03x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -6.6% weighted average for S&P 500

FY2022

Lloyds Banking Group Plc aims to reduce Scope 1 + 2 by 75% by 2030 from a base year 2019

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Lloyds Banking Group Plc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 38 Kt (-1.4 /-3.5% y-o-y). Also positively, carbon intensity plunged to 1.7 t (-0.8 /-32% y-o-y).

Lloyds Banking Group Plc's Scope 3 emissions plunged to 1,152 Kt (-542 /-32% y-o-y). The decline accelerated compared to the CAGR of -12.4% since 3Q'18.

The company is committed to reducing Scope 1 + 2 by 75% by 2030 from a base year 2019, which translates into the estimated reduction of -2.8 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q3	38	38	0		21,558	1.7
2020Q3	39	39	0	1,152	15,310	2.5
2019Q3	49	48	0.39	1,694	22,249	2.2
2018Q3	51	50	1.9	1,712
2017Q3	231	52	179	1,560
2016Q3	255	53	202
2015Q3	299	59	240

Lloyds Banking Group Plc

Carbon footprint

Primary Climate Goal

Lloyds Banking Group Plc aims to reduce Scope 1 + 2 by 75% by 2030 from a base year 2019

GHG emissions and Carbon intensity

Lloyds Banking Group Plc's carbon footprint

Company environmental metrics