RBS saves 10 tonnes of emissions with clean heat

The Royal Bank of Scotland (RBS) has saved more than 10 tonnes of carbon emissions in the last year through an efficient heating innovation. The bank installed Endo Enterprises’ EndoTherm technology across three of its branches and in doing so, reduced its gas consumption by 29%. The equipment reduces the energy needed to heat a […]

Four major UK banks ‘still investing heavily in fossil fuels’

Four big UK banks are said to be investing “heavily” in fossil fuels than in clean energy projects. Barclays, RBS, HSBC and Lloyds have been given a ‘D’ grade for a lack of climate policies and exposure to fossil fuels by charity Christian Aid. Its new report assessed policies of banks in relation to climate […]

RBS hits £1bn milestone for green loans

Royal Bank of Scotland (RBS) more than doubled its lending for sustainable energy projects las year. It provided around £1 billion of loans to businesses including SMEs and large corporates looking to become more energy efficient. RBS said the rise was driven by “significant increases” to solar and biomass projects, with lending for PV projects […]

RBS banks on Utilitywise for energy savings advice

The Royal Bank of Scotland (RBS) will be working with a consultant to offer energy efficiency advice to its customers. Under RBS Mentor, it currently provides business customers support with environmental law, health and safety and environmental management but is extending it into energy management. It will work with Utilitywise for three years in a […]

RBS banks on AD sector with £32m loan

A UK anaerobic digestion plant operator has been given a huge boost, thanks to a £32 million loan. The Royal Bank of Scotland (RBS) is providing what is claimed to be the first loan of its kind in the AD industry to Tamar Energy. The seven-year non-recourse project finance facility means the bank is only […]

RBS biggest lender to UK renewables

RBS was the biggest lender to renewables projects in the UK last year, lending more than double any other bank, according to the bank’s latest Sustainability report out yesterday. RBS loaned more than £228m  to UK renewable projects last year, according to figures from Infrastructure Journal. Across the sector, lending increased by nearly 200% on […]

RBS green dream could save £200m

RBS has set out new efficiency plans to reduce its environmental impact and hopes to save £200 million in the process. Long distance business trips are set to be replaced by “virtual meeting technology” as the banking group hopes to achieve a 50% reduction in CO2 emissions from business travel and a 50% reduction in […]

Will Centrica boss do a Hester and waive bonus?

Campaigners are calling for Centrica’s chief executive to give up his bonus after criticising him for lining his “bulging pockets” at the expense of ordinary householders. Greenpeace want Sam Laidlaw to waive his bonus like Stephen Hester, the boss of taxpayer-bailed out bank RBS, who recently gave up one million-pound’s worth of shares under pressure […]