Supermarket retailer Asda has relaunched its sustainability-linked supply chain funding scheme, with Lloyds Bank providing the finance. The new scheme follows the retailer’s 2024 partnership with HSBC Bank over a similar scheme aimed...
Lloyds Bank
Carbon insetting to capture value in the agrifood chain
A new “carbon insetting” initiative seeks to incentivise growers to reduce greenhouse gas emissions by paying them from pooled funds raised from the supply chain, rather than from sales of carbon credits. The programme connects...
Banking on sustainability: Lloyds invests in environmental change
The transition to a sustainable agricultural sector that can meet net zero targets requires significant industry collaboration. As part of the largest lender to British agriculture, Lloyds Bank has recognised its responsibility and...
Agricultural directors for Oxbury bank
Oxbury, the specialist agricultural bank established earlier this year, has appointed two experienced farming financiers to its board. They are Simon Featherstone, the former chairman and chief executive of the Agricultural Mortgage Corporation (AMC), a Lloyds Bank...
NMR upgrades milk testing lab
National Milk Records (NMR) has upgraded the analytical equipment at its Wolverhampton laboratory in order to provide farmers and retailers with more accurate information about milk and milk products. The business, established in 1943, provides vital data on milk fat...
Senior change at Lloyds
Lloyds Banking Group has announced that Andrew Naylor, UK head of agriculture at Lloyds Bank, has also been appointed managing director of the Agricultural Mortgage Corporation (AMC). He will report to Paul Spencer, chief executive of the AMC. Mr Naylor’s new...
