Conference of the Parties (COP26)

Learn about COP26 and how you could reduce your climate impact

What’s banking got to do with climate change?

How we use our money today can change the world of tomorrow. In fact, money has the power to create a greener planet. 

What is COP26?

COP stands for Conference of the Parties.  It's the annual UN summit that's focused on tackling climate change.  The 26th Conference, COP26, takes place in Glasgow from 1 - 12 November 2021.

All COPs have been important but climate experts generally now agree that we're nearing a point when some of the effects of climate change will become irreversible and the impact we see every day will be more severe.

Combating climate change needs a commitment to work together by setting out ambitious goals.  Governments, organisations and individuals all have a part to play.

Our role in COP26

We're proud to be a Principal Partner of COP26, and the only banking partner.  

Climate change is one of the biggest challenges of our time and for us it is central to our Purpose.  

We want to lead the way in helping people and businesses across the UK to tackle climate change. By providing the financial support and expertise needed for the switch to a net zero carbon economy.

Our own operations are already net zero carbon and we have committed to reach net zero financed emissions by 2050.

Our climate change strategy

Our ambition is to be a leading bank in addressing the climate challenge. We're working to make our operations climate positive by 2025 and to at least halve the climate impact of our financing activity by 2030. 

Our climate change strategy

Our current focus

Help to end the most harmful activity

We plan to stop lending to and underwriting companies with more than 15% of activities related to coal.

Accelerate the speed of transition

We plan to help customers reduce their carbon impact with products and services, delivered through cross-industry collaboration.

Champion climate solutions

We plan to provide an additional £20bn funding and financing for climate and sustainable finance between 2020 and 2022.

Our progress

Reduce our footprint

We’re working to make our operations climate positive by 2025.

Work with the United Nations (UN)

We are a founding signatory of the UN Environment Programme Finance Initiative’s Principles for Responsible Banking.

Our strategy and approach

We’ve set a bold ambition to be a leading bank in addressing the climate challenge.

Could you save money and help save the planet too?

Confused by climate jargon?

The language around sustainable issues can often be confusing, so we want to help clear things up with our jargon buster. 

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