Lloyds launches carbon and nature markets

Lloyds launches carbon and nature markets

Lloyds Bank launches centre for Voluntary Carbon and Nature Markets. The centre, based in London, will guide clients in these evolving markets. Lloyds appointed Emily Martin and Gabriella Carden to co-lead the unit, reinforcing the bank’s commitment to sustainability and clean growth strategies….


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.”

—



  • ICG management fees rise as profits fall

    ICG management fees rise as profits fall

    ICG reports higher management earnings despite falling overall pre-tax profits. Fee-related earnings increased 18% to £199m, while total assets under management reached $145bn following a change in reporting methodology.


  • Motorpoint profit rises 81% as sales grow

    Motorpoint profit rises 81% as sales grow

    Motorpoint’s stronger interim earnings accompany record sales and expansion plans. Pre-tax profit increased 81% to £6.5m as higher vehicle volumes and improved margins supported the retailer’s financial performance.


  • Cavendish simplifies leadership amid declining advisory revenue

    Cavendish simplifies leadership amid declining advisory revenue

    Cavendish has consolidated its leadership following weaker interim financial results. Julian Morse becomes sole chief executive as the investment bank targets more than £3m in annualised savings after reporting a statutory pre-tax loss.