Our Tech Zero commitments

Girl running with kite in field

Climate change is a grave global issue that impacts us all – our employees, customers, partners and suppliers – weather patterns are changing, sea levels are rising, and extreme weather events are becoming more common. That is why we are taking steps to address environmental sustainability and ensure we’re playing our part in protecting the planet for future generations.

Since 2019, we have been carbon neutral through offsetting our Scope 1 (direct emissions from sources we own and control) and Scope 2 (indirect emissions from the generation of purchased electricity, heat and cooling) emissions. We continue working with our clients and third parties on addressing Scope 3 (all other indirect emissions, including from our lending activity and our supply chain).

We are proud to be supporting some of the businesses leading the charge in their industries and making the right choices to minimise their impact on the environment. Some examples include: Verto Homes, the UK’s first housebuilder to specialise in the design, build and sale of smart homes which produce zero carbon emissions; Deliciously Ella, the family-run, plant-based food and beverage business; and the joint venture between FORE Partnership and Amicala which intend to deliver up to £300M worth of ultra-sustainable, net zero extra care living schemes across the UK.

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Our future commitments

As members of Tech Zero we are committed to:

  • Annually measuring and publishing all scope 1, 2, and 3 greenhouse gas emissions.
  • Publishing more details about how we plan to reach net zero by end June 2022, including setting an ambitious net zero target date, and interim targets.
  • Appointing a member of the executive team to be responsible and accountable for our net zero target.
  • Communicating climate commitments in other meaningful ways, including to customers.
  • Reporting progress on short- and medium-term targets to our Board at least annually, and on our website.