This week in Energy Transition Now we were joined by Tara Schmidt, Sustainability & ESG Finance Director, Lloyds Banking Group for a discussion on ‘Financing the Energy Transition'.
Tara and host David Linden, discuss the role that Lloyds is and can play in the UK around funding the energy transition, a critical part of ‘getting us where we need to be’. Tara goes on to speak about how Lloyds is doubling its sustainable finance funding for for corporate banking and how it wants to see ‘financed emissions’ aligned with the UK net zero target.
Discussing three key aspects of how Lloyds is supporting clients on their energy transition journeys; people, insights and collaboration and tools, Tara also speaks to a just and fair transition and and the social implications that come with that.