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Legal And General
Insurance ServicesUnited KingdomLON: LGEN
Last verified 24 days agolegalandgeneral.com
Legal & General Group Plc, commonly known as Legal & General, is a prominent player in the insurance and pension funding services sector, headquartered in Great Britain. Established in 1836, the company has evolved significantly, marking key milestones in the industry, including its expansion into various financial services.
Operating primarily in the UK, Legal & General offers a diverse range of products, including life insurance, pensions, and investment management services. What sets them apart is their commitment to innovation and customer-centric solutions, ensuring that clients receive tailored financial products that meet their unique needs.
With a strong market position, Legal & General is recognised for its robust financial performance and dedication to responsible investing. The company continues to lead in the insurance and pension funding landscape, making it a trusted choice for individuals and businesses alike.
89
DitchCarbon score
+50 vs industry average
Legal And General’s score of 89 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Insurance Services has below-average carbon intensity
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Legal And General's reported carbon emissions
Legal & General, a UK-based insurance and pension funding services company, reported total global carbon emissions of approximately 5.72 billion kg CO2e in 2025. This includes about 5.4 million kg CO2e from Scope 1, 383,000 kg CO2e from Scope 2 (market-based), and approximately 5.71 billion kg CO2e from Scope 3 emissions. A significant portion of their Scope 3 emissions in 2025 came from investments, totalling around 5.71 billion kg CO2e.
Looking back, in 2024, Legal & General's total emissions were approximately 5.13 billion kg CO2e, comprising around 9.7 million kg CO2e from Scope 1, 3.65 million kg CO2e from Scope 2 (market-based), and about 5.12 billion kg CO2e from Scope 3. The company has demonstrated a reduction in its Scope 1 emissions from approximately 15.56 million kg CO2e in 2021 to about 5.4 million kg CO2e in 2025.
Legal & General is committed to achieving net-zero emissions by 2050. They have set a near-term target to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using a 2021 base year. Furthermore, they aim for all new homes delivered from 2030 to be enabled to operate at net-zero carbon, covering both regulated and unregulated energy. The company also states that its operational footprint, encompassing occupied offices and business travel, will achieve net-zero carbon emissions from 2030. In their supply chain, Legal & General commits to ensuring that 80% of their suppliers, by spend, will set a science-based carbon reduction target by the end of 2026.
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Legal And General’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Legal And General24 days ago
89
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