Legal And General
Legal & General Group Plc, commonly referred to as Legal & General, is a prominent financial services company headquartered in Great Britain. Established in 1836, it has evolved into a leading player in the insurance and investment sectors, with significant operations across the UK, the United States, and Europe. The company offers a diverse range of products, including life insurance, pensions, and investment management services, distinguished by their commitment to innovation and customer-centric solutions. Legal & General is recognised for its strong market position, consistently ranking among the top providers in the UK insurance market. With a rich history of milestones, including pioneering initiatives in sustainable investment, Legal & General continues to shape the financial landscape while prioritising long-term value for its clients.
DitchCarbon Score
How does Legal And General's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Legal And General's score of 87 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Legal And General's reported carbon emissions
In 2024, Legal & General reported carbon emissions of approximately 8,983,000 kg CO2e for Scope 1 and about 1,264,000 kg CO2e for Scope 2 (market-based). The total emissions for Scope 1 and 2 combined reached about 10,247,000 kg CO2e. The company has set ambitious climate commitments, aiming for net zero emissions across all scopes by 2050. Specifically, they target a 42% absolute reduction in Scope 1 and 2 emissions by 2030, using 2021 as the baseline year. In 2023, Legal & General's emissions were approximately 9,452,000 kg CO2e for Scope 1 and about 1,000,000 kg CO2e for Scope 2 (market-based), resulting in a total of around 10,452,000 kg CO2e for these scopes. The company has also committed to managing 70% of eligible assets under management (AUM) in line with their net-zero ambition by 2030. Legal & General's climate strategy includes a focus on decarbonising their real estate property assets and ensuring that new homes developed by their subsidiary housing businesses operate at net-zero carbon emissions by 2030. The emissions data is sourced directly from Legal & General Group Plc, with no cascaded data from parent organisations.
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| 2013 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 5,018,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 28,517,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 4,885,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Legal And General is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
