Lloyds Bank Business and Commercial unit has announced the launch of a new centre of excellence for Voluntary Carbon and Nature Markets (VCNM), intended to assist the bank’s clients in navigating the evolving landscape of carbon and nature markets. The centre, based in London, will be integrated into Lloyds’ Sustainability & Client Advisory division. This division, established in 2021, was created to support the sustainability objectives of the bank’s largest corporate clients.
To lead the new unit, Lloyds has appointed Emily Martin and Gabriella Carden as co-Heads of Voluntary Carbon and Nature Markets. Martin, who has been with Lloyds for over a decade, most recently served as Director of Sustainability & ESG Finance. Carden joined Lloyds Banking Group in 2011 and has recently held the position of Director at Lloyds Bank Corporate Markets (LBCM), focusing on sustainability.
Hannah Simons, Head of Sustainability at Lloyds Corporate Markets, stated: “These appointments reflect our commitment to supporting clients as they pursue their sustainability objectives. With deep expertise in sustainable finance, Emily and Gaby will help our clients engage effectively in voluntary carbon and nature markets – a growing part of the UK’s clean growth strategy.”