Lincoln National Corporation, commonly known as Lincoln Financial, is a prominent player in the financial services industry, headquartered in Radnor, Pennsylvania, US. Founded in 1905, the company has established itself as a leader in providing a diverse range of products, including life insurance, annuities, retirement plan services, and group benefits. With a strong presence across the United States, Lincoln Financial is recognised for its commitment to helping individuals and businesses achieve financial security. The company’s innovative solutions, such as its tailored retirement planning services, set it apart in a competitive market. Notable achievements include consistent rankings among the top life insurance providers, reflecting its robust market position and dedication to customer service.
How does Lincoln National'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.
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.
Lincoln National's score of 67 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Lincoln National reported total greenhouse gas emissions of approximately 106,000,000 kg CO2e, comprising 2,137,000 kg CO2e from Scope 1, 4,673,000 kg CO2e from Scope 2 (market-based), and a significant 98,276,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in emissions compared to 2023, where total emissions were about 106,820,000 kg CO2e, with Scope 1 at 2,853,000 kg CO2e, and Scope 2 at 5,181,000 kg CO2e (market-based). Lincoln National has made notable strides in reducing its emissions intensity. From 2014 to 2020, the company achieved a 27.42% reduction in greenhouse gas emissions intensity per employee from purchased electricity (Scope 2), surpassing its target of 20%. Additionally, it reduced electricity consumption by 10.90% at its Omaha, NE location, exceeding its goal of 8% by 2022, also based on a 2014 baseline. Overall, Lincoln National's commitment to addressing climate change is evident through its ongoing efforts to reduce emissions across all scopes, particularly in Scope 2, while also focusing on improving energy efficiency in its operations.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 3,534,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 13,568,000 | 00,000,000 | 00,000,000 | 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 | 0,000,000 |
Scope 3 | 30,242,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 |
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.
Lincoln National is not participating in any 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.