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Lloyds Banking Group announce move to most energy efficient office buildings in Yorkshire

Lloyds Banking Group has announced plans to move into the most energy efficient office buildings in Yorkshire, 11 and 12 Wellington Place in Leeds.

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11 and 12 Wellington Place, Leeds will be the new home for Lloyds Banking Group. Photo courtesy of Bevan Cockerill

The new offices use an all-electric reversible air source heat pump system and air-cooled chillers to eliminate fossil fuel use and reduce operational carbon emissions. Energy efficient design principles have been embedded throughout, with triple-glazed windows to minimise heat loss, and maximise the use of natural daylight. The building also generates part of its own electricity by using 7,500 square feet of solar panels.

11 and 12 Wellington Place has been designed to achieve the maximum NABERS rating of 5* in addition to BREEAM ‘Outstanding’. It is the only building in Yorkshire with these combined accreditations and recognises the advanced low-energy design and operational sustainability of the building.

Lloyds Banking Group staff in the Leeds area will begin the move from their existing offices in Lovell Park to Wellington Place at the end of the year, with the full transition of staff complete by spring 2024.

Sharon Doherty, Chief people and places officer at Lloyds Banking Group, said: 

“It’s a key part of our strategy to have the right spaces in the right places and we want everyone to love being in our offices. This means having the right facilities, tech and spaces as well as meeting our sustainability commitments, which are a critical part of our purpose of Helping Britain Prosper.

“Leeds continues to be an important hub for Lloyds Banking Group and our new offices will help us to work brilliantly together and attract new diverse talent into our organisation.”

Paul Pavia, Head of development at MEPC, said: 

“As one of the UK’s largest financial services organisations, we are thrilled that Lloyds Banking Group has chosen Wellington Place as its new Leeds home. This is a landmark deal for the Yorkshire market and at more than 120,000 sq ft is the largest office letting in the region in recent years.

“The 11 & 12 Wellington Place development has set a new standard for sustainable development in Yorkshire and beyond. Lloyds is committed to environmental sustainability and its decision to move to 11 & 12 Wellington Place is evidence of this. Lloyds was also attracted to our extensive amenity offer and our programme of social value and community activities.

“We are very much looking forward to welcoming Lloyds and its people to the neighbourhood later this year.”