Cambridge & Counties Bank awarded green iiE accreditation for ninth year in a row

24 April 2024

Cambridge & Counties Bank, the specialist lender, has been awarded Investors in the Environment (iiE) accreditation for a record ninth year in a row.

The bank achieved the Green level accreditation with a score of 76% in the official auditing process, which is based on eight separate sub-categories including leadership and governance, carbon management, waste management, and environmental and social projects. In the latter sub-category, the bank scored 100%.

Investors in the Environment (iiE) is a national environmental accreditation scheme designed to help organisations benchmark and reduce their impact on the environment.

The scheme’s criteria include having a recycling system in place, adopting a travel plan, calculating a carbon footprint and setting targets for carbon reduction.

There are three levels of accreditation with the iiE, of which the Green accreditation is the highest level available.

Cambridge & Counties Bank has received several awards and accreditations over the past 12 months as part of its focus on sustainability and good corporate governance. At the start of February, it joined the UK chapter of Partnership for Carbon Accounting Financials, a collaboration focused on developing harmonized assessments of greenhouse gas emissions financed by loans and investments.

Last June, the bank achieved rare B Corp Certification, one of the most prestigious independent assessments that a business is meeting high standards of verified performance, accountability, and transparency.

Richard Bryan
Richard Bryan

Richard Bryan, General Counsel & Chair of the ESG Steering Committee at Cambridge & Counties Bank, said

“Receiving iiE Green accreditation for nine years in a row is a great testament to the hard work and dedication of the UK team and the bank’s deep commitment to sustainability. Financial institutions such as Cambridge & Counties Bank have an important role to play in the wider push for greater environmental outcomes and it’s a role we’re honoured to play.”