Legal And General

Legal & General, a UK-based insurance and pension funding services provider, reported its most recent carbon emissions for 2025. The company's Scope 1 emissions were 5,398,000 kg CO2e, Scope 2 emissions (market-based) were 383,000 kg CO2e, and Scope 3 emissions totalled 5,712,824,000 kg CO2e. A significant portion of its Scope 3 emissions, approximately 5.49 billion kg CO2e, came from investments, with downstream leased assets contributing around 209 million kg CO2e.

Legal & General is committed to ambitious climate goals. They aim to achieve net-zero emissions by 2050 for all scopes. In the near term, they have committed to reducing absolute Scope 1 and Scope 2 GHG emissions by 42% by 2030, using a 2021 base year. This target is validated by the Science Based Targets initiative (SBTi). Furthermore, all new homes delivered from 2030 are targeted to operate at net-zero carbon for both regulated and unregulated energy. The company also plans for its operational footprint (occupied offices and business travel) to operate with net-zero carbon emissions from 2030. Within 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. The company also aims to reduce GHG emissions from its real estate direct shareholder-owned investments portfolio by 58% per square metre by 2030, from a 2019 base year.