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OrganisationsLegal And General
Legal And General logo

Legal And General

Insurance ServicesUnited KingdomLON: LGEN
Last verified 14 days agolandg.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.

88
DitchCarbon score

+51 vs industry average

Legal And General’s score of 88 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

Very Low

Insurance Services is among the least carbon-intensive industries

Industry performance

0.029
20192025

The Insurance Services industry has reduced its overall emissions by 7% since 2019

Emissions trajectory 2020 – 2028

0.0B0.0B0.0B0.0B0

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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 provider, is committed to reducing its environmental impact. The company has set a target to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2021 as its base year. Furthermore, Legal & General aims for net-zero carbon emissions across its operations by 2050.

For the reporting year 2025, Legal & General reported approximately 5.72 billion kg CO2e in Scope 3 emissions, with investments contributing the largest portion at about 5.49 billion kg CO2e. Scope 1 emissions for 2025 were approximately 5.40 million kg CO2e, and Scope 2 emissions (market-based) were approximately 383,000 kg CO2e. The total Scope 1 and 2 emissions for 2025 were approximately 19.92 million kg CO2e (location-based).

In 2024, Scope 1 emissions were approximately 9.67 million kg CO2e, and Scope 2 (market-based) emissions were approximately 3.65 million kg CO2e. Total Scope 1 and 2 emissions for 2024 were approximately 27.42 million kg CO2e (location-based).

The company also has targets for its supply chain, aiming for 80% of its suppliers by spend to set science-based carbon reduction targets by the end of 2026. Additionally, by 2030, all new homes delivered by its housing businesses are intended to operate at net-zero carbon. Legal & General is also working to align its investment portfolio temperature score towards 1.5°C.

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Legal And General’s Climate Goals (2030 & 2050)

13 goals

2030

42% reduction in Scope 1

Net zero scope 1 and 2 GHG emissions by 2050, with an absolute reduction of 42% by 2030 from our 2021 science-based target base year.

On track42%

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%

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Scope 3 top emissions categories

6 of 15 categories disclosed
Investments96%
Downstream Leased Assets4%
Fuel & Energy Activities0%
Business Travel0%
Upstream Leased Assets0%
Waste Generated in Operations0%
Investments96%
Downstream Leased Assets4%
Fuel & Energy Activities0%
Business Travel0%
Upstream Leased Assets0%
Waste Generated in Operations0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Legal And General logoLegal And General
GBInsurance Services
14 days ago
88
Scor logoScor
FRInsurance Services
57 minutes ago
90
View
Asr Nederland logoAsr Nederland
NLInsurance Services
7 days ago
90
View
Great Eastern Holdings logoGreat Eastern Holdings
SGInsurance Services
1 month ago
74
View
AIA Group Limited logoAIA Group Limited
HKDirect Life Insurance Carriers
1 hour ago
67
View
Helvetia Insurance logoHelvetia Insurance
CHInsurance Services
1 hour ago
66
View
Aegon Nederland logoAegon Nederland
NLFinancial Intermediation
7 days ago
65
View

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Where does DitchCarbon
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Ditchcarbonv260709.1
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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