Khadija Ali has been named group director, sustainability, and responsible business by Lloyds Banking Group.
Ali will be in charge of overseeing the Lloyds Banking’s teams for environmental and social sustainability in her new position and Andrew Walton, the group’s chief sustainability officer, will receive Ali’s report.
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With a wealth of expertise and a profound comprehension of the crucial role financial services play in creating a society that is both inclusive and sustainable, Ali is a well-known sustainability leader.
She joins from EY, where she oversaw the UK climate change and sustainability services practice and provided strategic advice to international financial institutions on sustainability-related projects, such as target-setting, planning for the climate transition, commercial strategy, ethical business practices, and disclosures.
She returns to the group after serving as the interim director of environmental sustainability from 2021 to 2022.
Moreover, in her capacity as group director of sustainability and responsible business, Ali will fortify and steer the group’s sustainability strategy’s implementation.
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By GlobalDataIn order to assist the banks goals of being net zero and to maximise the growth opportunities that come with creating a more sustainable and inclusive society, she will work throughout the entire organisation to further integrate sustainability outcomes into business priorities.
Following the recent member election, Walton and Ali will both be assigned to the newly elected Net Zero Banking Alliance (NZBA) Steering Group on 1 July. They will collaborate with industry partners to carry out the NZBA’s global pledges to help expedite the transition to net zero by 2050, or sooner.
Walton stated: “We are delighted that Khadija has joined us as our Group Director of Sustainability and Responsibility. I’m confident that her leadership will help us to push the pace and ambition of our delivery, progressing our strategy and working towards our net zero commitments”.
Ali added: “It’s a privilege to join Lloyds Banking Group and I’m excited to work for an organisation that is committed to using its scale and influence to drive lasting change. Mobilising finance is key to transitioning to a more sustainable future. I’m looking forward to progressing the Group’s ambitious strategy and maximising opportunities for growth as part of the Group’s purpose to help Britain prosper.”
