InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Nick Hughes is on the board of AFME (last checked August 2023).
Nick Hughes (Head of Capital Markets)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Allen Appen is on the board of AFME
Allen Appen (Managing Director Bonds Financing, Lloyds Banking Group)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Nick Hughes is on the board of AFME (last checked August 2023).
Nick Hughes (Head of Capital Markets)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Allen Appen is on the board of AFME
Allen Appen (Managing Director Bonds Financing, Lloyds Banking Group)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Craig Thornton is a board member at the ABI and Chair of the General Insurance Committee and ABI Board Protection Sponsor (last checked September 2023).
Craig Thornton (General Insurance and Protection Director, Lloyds Banking Group)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Antonio Lorenzo is a board member at the ABI (last checked August 2023).
Antonio Lorenzo (Chief Executive, Scottish Widows and Group Director, Insurance, Lloyds Banking Group)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Craig Thornton is a board member at the ABI and Chair of the General Insurance Committee and ABI Board Protection Sponsor (last checked September 2023).
Craig Thornton (General Insurance and Protection Director, Lloyds Banking Group)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Antonio Lorenzo is a board member at the ABI (last checked August 2023).
Antonio Lorenzo (Chief Executive, Scottish Widows and Group Director, Insurance, Lloyds Banking Group)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Scottish Widows Unit Trust Managers (SWUTM) is a member of the Investment Association (last checked September 2023).
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Scottish Widows Unit Trust Managers (SWUTM) is a member of the Investment Association (last checked September 2023).
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Lloyds Bank General Insurance Limited, Scottish Widows Limited, Embark Group and St Andrew's Insurance PLC (all Lloyds Banking Group) are members of ABI which is a national association member of Insurance Europe (last checked August 2023).
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Lloyds Bank General Insurance Limited, Scottish Widows Limited, Embark Group and St Andrew's Insurance PLC (all Lloyds Banking Group) are members of ABI which is a national association member of Insurance Europe (last checked August 2023).
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Lloyds is a member of UK Finance, which is a national association member of EBF (last checked September 2023).
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Lloyds is a member of UK Finance, which is a national association member of EBF (last checked September 2023).
not specified
--no extract--
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
Open PDF file of Data Source
Sustainable Finance Lobbying Overview: Lloyds Banking Group (Lloyds) appears to have had limited engagement on sustainable finance policy.
Top-line Messaging on Sustainable Finance Policy: In 2020, Lloyds CEO Antonio Horta Osorio signed and commented on a Corporate Leaders Group letter calling on the UK's economic recovery from Covid-19 to be aligned with its 2050 net-zero goal. The group also appears to support action to achieve net-zero by 2050 as a founding member of the Net Zero Banking Alliance (NZBA). In response to the UK’s Treasury in 2022, Lloyds supported the proposal to update the regulatory principles for financial regulators on sustainable growth and refer to "climate change" and "net-zero economy".
Position on Sustainable Finance Policies In response to the UK Department for Work and Pensions (DWP’s) consultation in 2020 on climate risk governance and disclosures by occupational pension schemes, subsidiary Scottish Widows appeared generally supportive but cautioned against the implementation timeline, highlighting that information requirements should be applied throughout the investment chain. More broadly, in a 2021 website article, Lloyds appeared to state support for the EU taxonomy and the recent focus by the US’ Securities and Exchange Commission (SEC) on climate change disclosures. In response to the global sustainability disclosures proposed by the International Sustainability Standards Board (ISSB) in 2022, Lloyds Banking Group offered support with some exceptions, including concerns about Scope 3 disclosure requirements.
Lobbying Transparency: Lloyds does not appear to publish an account of its sustainable finance positions and engagement activities. Lloyds has disclosed a non-exhaustive list of its industry association memberships on its website, excluding industry associations which are actively engaged on sustainable finance policy, such as the Institute of International Finance (IIF) and board membership of the Association for Financial Markets in Europe (AFME), as well as subsidiary membership to The Investment Association. In a different page on its website under "Public affairs and policy", it does disclose a different list of industry association memberships, which includes AFME.