Halifax·Financial Services / Banking·Halifax, United Kingdom·Founded 1853·Last verified 31 May 2026
46
out of 100
Making progressPending Review

Halifax's parent, Lloyds Banking Group, reports comprehensive operational emissions and 100% renewable electricity, but financed emissions dwarf these efforts at 32.8 MtCO2e. A December 2024 greenwashing ruling and InfluenceMap's finding of 3.1:1 fossil fuel to green financing ratio expose a fundamental contradiction between net-zero rhetoric and actual capital allocation.

The calculation

Every score shows its working.

Same formula for every company. No curve. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Financial Services / Banking sector ceiling.
50 / 100
Performance score
Sum of the 10 rubric questions, scored 0–10 each.
58 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 50) + (0.7 × 58) = 55.6
Scale penalty
Multiplier based on absolute emissions volume — physics-first.
× 0.82
Final score
Rounded. Making progress.
46 / 100
The ten questions

Where Halifax is strong, and where it isn't.

Strongest on Carbon Footprint — Operations and Energy Source (8/10, 8/10). Weakest on Controversies & Red Flags and Targets & Commitments (4/10, 5/10).

Where the evidence comes from

Every document used, listed.

19 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.

13 of 19 sources are third-party verified or public record.

[1]Third-party verified
Lloyds Banking Group GHG Emissions — Tracenable
Ongoing
Q1Q2Q3Q4
View →
[2]Self-reported
2023 LBG Sustainability Metrics Basis of Reporting
2023
Q1Q2
View →
[3]Third-party verified
Lloyds Bank Found Guilty of Greenwashing — Sigma Earth
2024
Q2Q3Q10
View →
[4]Self-reported
Low Carbon: 10-Year Power Purchase Agreement with Lloyds Banking Group
Unknown
Q4
View →
[5]Self-reported
SSE Energy Solutions: Lloyds Banking Group CPPA
Unknown
Q4
View →
[6]Third-party verified
Earth Blox: Lloyds Banking Group Maps Nature Risk
Unknown
Q5
View →
[7]Self-reported
Woodland Trust: Lloyds Banking Group Partnership
Ongoing
Q5
View →
[8]Third-party verified
Global Canopy: Deforestation-Free Portfolios in Finance
Unknown
Q5
View →
[9]Third-party verified
Lloyds Banking Group Sets Stronger Targets — Edie
Unknown
Q6Q7
View →
[10]Self-reported
Lloyds Banking Group Carbon Reduction Plan
Unknown
Q6
View →
[11]Third-party verified
KnowESG: Lloyds Banking Group ESG Rating
2026
Q8
View →
[12]Third-party verified
Net Zero Tracker: Lloyds Banking Group
Ongoing
Q8
View →
[13]Self-reported
2024 Lloyds Banking Group Sustainability Report
2024
Q9
View →
[14]Public record
Equator Principles: Lloyds Banking Group 2024 Report
2024
Q9
View →
[15]Third-party verified
InfluenceMap: Big Four UK Banks Climate Performance
2025
Q3Q10
View →
[16]Third-party verified
Bank.Green: Halifax Fossil Fuel Financing
Ongoing
Q10
View →
[17]Third-party verified
Ditch Carbon: Lloyds Banking Group
Ongoing
Q1
View →
[18]Third-party verified
Eco-Act: Lloyds Banking Group Net Zero
Unknown
Q3
View →
[19]Third-party verified
Sustainability Magazine: How Lloyds is Reaching Net Zero
Unknown
Q7
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

Halifax in context

Where Halifax sits among financial services / banking peers.

Among the 29 major financial services / banking brands we've scored, Halifax is tied =9th of 29, with 1 other.

=9/29
Halifax's rank
40
Industry average
23
Industry low
65
Industry high
How this score has moved

Halifax's score over time.

today

Score history begins 6 April 2026.

As Halifax's score updates, the trajectory will appear here.

We're backfilling historical scores for FTSE 100 and S&P 100 companies over the coming weeks.

What's being contested

This score is not currently being contested.

Every challenge is published. We'd rather be corrected than wrong — that's the whole point.

No challenges submitted yet. If you have evidence that contradicts this score, you can challenge any question above — cite a public source and we'll review it.

About Halifax

Halifax is a retail and savings bank owned by Lloyds Banking Group, founded in 1749 as a building society and now one of the UK's largest mortgage and savings providers. It operates primarily in mortgages, savings products, and general banking services across the UK financial services sector.

Founded
1853
Headquarters
Halifax, United Kingdom
Employees
~65,000
Annual revenue
~£17.6B
Company website ↗
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