Legal And General
Legal & General Group Plc, commonly known as Legal & General, is a prominent financial services company headquartered in Great Britain. Founded in 1836, it has established itself as a leader in the insurance and investment sectors, with significant operations across the UK, Europe, and the United States. The company offers a diverse range of products, including life insurance, pensions, and investment management services, distinguished by its 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 marked by key milestones, Legal & General continues to adapt to changing market dynamics, focusing on sustainable investment strategies and responsible business practices. Its dedication to delivering value and security to its clients sets it apart in the competitive financial landscape.
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 53 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Legal And General's reported carbon emissions
In 2023, Legal & General reported total carbon emissions of approximately 27,722,000 kg CO2e globally, with Scope 1 emissions at about 10,158,000 kg CO2e and Scope 2 emissions at approximately 17,564,000 kg CO2e. The company has set a long-term commitment to achieve net zero emissions by 2050, with a focus on reducing emissions across all scopes. In previous years, emissions have shown fluctuations, with total emissions of about 40,344,000 kg CO2e in 2020 and 46,164,000 kg CO2e in 2019. Notably, in 2021, the company reported total emissions of approximately 38,982,000 kg CO2e globally. Legal & General has established near-term targets aligned with a 1.5°C pathway, aiming to cover 47% of its total investment and lending assets by 2030. The company is actively working towards reducing its operational footprint, with significant efforts in managing Scope 1 and 2 emissions, which are essential for meeting its climate commitments. Legal & General's strategic approach to tackling climate change is integral to its growth strategy, reflecting its commitment to sustainability and responsible investment practices.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 12,447,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 28,982,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | 22,207,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Legal And General is committed to some reduction initiatives 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.
