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 68 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Legal & General reported total carbon emissions of approximately 642,975,000 kg CO2e for Scope 1, 838,600 kg CO2e for Scope 2, and 3,168,300 kg CO2e for Scope 3 emissions. This data highlights the company's ongoing commitment to transparency in its carbon footprint across all scopes of emissions. In 2023, the company recorded Scope 1 emissions of about 10,158,000 kg CO2e, with Scope 2 emissions at approximately 4,215,000 kg CO2e (market-based) and 17,564,000 kg CO2e (location-based). Scope 3 emissions were significantly higher, with notable contributions from investments (5,800,000,000 kg CO2e), business travel (7,631,000 kg CO2e), and employee commuting (4,568,000 kg CO2e). Legal & General has set a long-term commitment to achieve net zero emissions by 2050, with this goal being a key strategic driver for the company. This commitment encompasses all scopes of emissions, reflecting a comprehensive approach to tackling climate change. The company is actively working towards this target, although it is currently on track for the two-year milestone but not for the five-year mark. Overall, Legal & General's emissions data and climate commitments demonstrate a proactive stance in addressing climate change, with a clear roadmap towards achieving net zero emissions in the coming decades.
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 | 0,000,000,000 | 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 participating in some of the initiatives that 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.