Lloyds Banking Partners With Dynatrace to Lower IT Emissions

In a bid to Reduce its IT Carbon Emissions, Lloyds Banking Group has Partnered With Dynatrace, Which Will Measure the Bank’s IT Carbon Impact

Leading UK financial services provider, Lloyds Banking Group, has partnered with Dynatrace to reduce its IT carbon emissions footprint. 

Per the deal, Dynatrace will offer real-time insights measuring the environmental impact of Lloyds’ emissions. The bank says this insight will be invaluable as it bids to meet its sustainability goals. 

Kevin Bird, Operational Performance and Analytics Lead at Lloyds Banking Group, says: "Working with Dynatrace has helped us to assess the visibility and impact of our IT carbon emissions. 

“Our sustainability efforts require deep granularity, and collaborating has allowed us to see where our efforts are most impactful in the context of our broader IT architecture. 

“This helps us identify more meaningful opportunities to optimise our digital infrastructure and will be a critical step forward as we work to reduce our operational sector’s direct carbon emissions by at least 75%.”

Indeed, the move from Lloyds to scale up its sustainability efforts comes after several leading banks have once again pledged themselves to net zero plans, the latest being HSBC’s Net Zero Transition Plan.

Dynatrace: How carbon impact measurement works

An observability and security technology provider, Dynatrace says it will use data-driven insights and feedback from tracking Lloyds’ carbon emissions to develop its app – Dynatrace Carbon Impact further. 

Indeed, it is this app that will power the measurement of Lloyds’ IT carbon impact, by translating utilisation metrics including CPU, memory, disk and network I/O energy outputs into their CO2 equivalent (CO2e). 

The tech firm’s Carbon Impact then offers actionable guidance, based on its measurements, for the most efficient ways to reduce overall IT carbon footprints. 

This feedback includes details of CO2e consumption per source, leveraging filters to help organisations narrow the focus on high environmental impact areas of their IT suite. 

Dynatrace Carbon Impact can complete such CO2e tracking endeavours by leveraging its proprietary Dynatrace platform and Smartscape topology and dependency mapping. 

This technology powers precise optimisation insights, automates the application of tracking capabilities and offers context processing to promote a foundation for building green code initiatives. 

Klaus Enzenhofer, Product Lead at Dynatrace, adds: “Dynatrace successfully rolled out the Carbon Impact app last year, and we’ve been working with Lloyds Banking Group to develop it further to support our customers’ hybrid and multi-cloud environments. 

“This has allowed us to accelerate and focus on our product development while helping our customers meet their sustainability goals.”

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