At Lloyd's, we aim to reduce our footprint through a combination of environmental and energy reducing activities.
Find out more about our commitments below and keep an eye on our news section for updates.
Lloyd’s works with Avieco, our environmental consultants, to track greenhouse gas emissions (GHG) from our global operations. These are published each year in our annual report. A full inventory, including Avieco's public opinion statement, can be found in our Energy and Carbon Report 2019.
Lloyd’s is a committed member of ClimateWise; a community of leaders supporting the insurance industry respond to the risks and opportunities of climate change. Find out more in our ClimateWise section.
Lloyd’s works with Natural Capital Partners to offset its air travel emissions through carbon offset projects. We are currently supporting an improved cook stoves project in India. Due to traditional stove cooking practices, over 900 million people are exposed to indoor pollution on a daily basis. The new cook stoves we are supporting are designed to be 60% more fuel efficient and durable. This project has distributed 490,000 stoves since 2008, ensuring that the health and financial benefits from the reduced pollution and fuel costs can be seen across India.
Lloyd’s purchases 100% renewable electricity for our offices in London and Kent. We also use a self-charging hybrid car for our Post Room services.
Lloyd’s is supportive of the landfill tax (£82.6/tonne of waste disposal to landfill) and we are proud to have a “zero to landfill” policy. 82% of the waste from UK offices is recycled and the remaining general waste is used as fuel for power generation.
We are proud that Lloyd’s commitment to waste management was recognised in 2018 when we were given a Platinum Award in the City of London’s annual Clean City Awards.
Lloyd’s puts the environment at the centre of its office planning. LEED (Leadership in Energy and Environmental Design) is the most widely used green building rating system in the world, providing a framework to create healthy, highly efficient and cost-saving green buildings. LEED certification is a globally recognised symbol of sustainability achievement. Four of Lloyd’s offices have been given LEED status and two more have local accreditation.
In London, we have also implemented chemical free cleaning and air fresheners, that are 100% recyclable. We have installed eco-friendly urinal systems, reducing our water consumption by 57% in a single month.
We are also implementing LED lighting in the Lloyd’s building in London which will result in a 50% reduction of power consumption.
Lloyd’s has a Health, Safety and Environment Coordination Group (HSECG) that drives forward our environmental agenda. Lloyd’s is in the process of implementing ISO 14001 (international Environmental standard) this year. You can find out more about in our Environmental Policy in OHSE At Work Manual.
The Lloyd’s Responsible Business team also work with our global sustainability champions to encourage them to take practical action to make their offices more sustainable as well as encouraging personal action outside of work.
Every year, Lloyd’s celebrates the United Nation’s World Environment Day with a week of environmental initiatives in June. This year’s theme was Air Pollution and we focused on reducing meat consumption and eating locally through our UK restaurants and running a personal air quality monitor campaign alongside other initiatives.