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.
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.
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.
Legal And General's score of 66 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Legal & General reported carbon emissions of approximately 10,158,000 kg CO2e for Scope 1 and about 17,564,000 kg CO2e for Scope 2 in Great Britain. The company has set a significant commitment to achieve net zero emissions by 2050, aligning with its strategic growth drivers. This long-term target encompasses all scopes of emissions, reflecting a comprehensive approach to tackling climate change. Over the years, Legal & General has demonstrated a commitment to reducing its carbon footprint. For instance, in 2022, the company reported Scope 1 emissions of about 12,506,000 kg CO2e and Scope 2 emissions of approximately 17,556,000 kg CO2e. The emissions data shows a trend of increasing awareness and action towards sustainability, with a focus on reducing emissions across all operational areas. Legal & General's climate strategy includes initiatives aimed at reducing emissions from business travel and energy use, contributing to its overall goal of sustainability and environmental responsibility. The company continues to monitor and report its emissions, ensuring transparency and accountability in its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 5,018,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
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 | 0,000,000 | 000,000 |
Scope 3 | 4,885,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 |
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.