Legal And General Sustainability Profile
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 81 is higher than 89% 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 total carbon emissions of approximately 5,192,460,000 kg CO2e, which includes Scope 1 emissions of about 9,665,000 kg CO2e, Scope 2 emissions of approximately 3,652,000 kg CO2e, and Scope 3 emissions of about 5,179,143,000 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 greenhouse gas emissions by 2030, using 2021 as the base year. Legal & General's climate strategy includes a commitment to deliver new homes that operate at net-zero carbon emissions by 2030, alongside a goal for 70% of eligible assets under management to align with net-zero ambitions by the same year. The company is actively working towards these targets, reflecting its strategic focus on addressing climate change as a key growth driver. Overall, Legal & General's emissions data and climate commitments demonstrate a proactive approach to sustainability, with a clear roadmap for reducing their carbon footprint in the coming years.
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Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 5,018,000 | 000,000 | 0,000,000 | 0,000,000 | 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 |
| Scope 3 | 4,885,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Legal And General's Industry?
How Carbon Intensive is Legal And General's Location?
Legal And General's Scope 3 Categories Breakdown
Legal And General's Scope 3 emissions, which decreased by 3% last year and increased significantly since 2013, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 95% of Scope 3 emissions.
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Legal And General's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Legal And General has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
