- Uncertain economic outlook due to the war in Ukraine, rising energy costs, inflation, and interest rates; Challenges for SMEs in day-to-day operations and future investment plans.
City of London Group Plc
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
Energy Use
60.3K kWh (electricity used in Head Office)
2022
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2015 | 11.07 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced energy consumption at Head Office following move to smaller premises; Intends to set targets to reduce energy consumption.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop and implement “green” and “brown” lending categories within five months; Set targets to reduce energy consumption.
📅 Medium-term
- Continued development of Recognise Bank in line with its business plan; Innovation Hub to develop new revenue streams.
🔭 Long-term
- Five-year business plan demonstrating viability up to March 2027.
🌱 ESG Focus Areas
Climate changeDiversity & Inclusion