HBOS PLC
From Lauraibm
HBOS and the Environment
We are committed to having a positive influence on the environment. Our primary concern is to reduce emissions and our use of resources. We are committed to achieving carbon neutrality in the UK by the end of 2007.
HBOS impacts on the environment in two ways:
- 1. Directly through the energy and resources we use in our buildings and when we travel.
- 2. Indirectly through the products and services we provide to our personal and commercial customers
With over 2,200 buildings in our UK property estate, over 65,000 employees and a relationship with approximately two out of every five households in the UK, we must manage this impact effectively.
HBOS has reduced its UK carbon emissions by almost two thirds (65%) from 163,000 tonnes in 2004 to 57,000 tonnes in 2006. This is primarily due to purchasing 100% renewable energy. We are currently the only UK bank to do this.
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