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 62 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 2023, Legal & General reported significant carbon emissions, with Scope 1 emissions at approximately 9,452,000 kg CO2e and Scope 2 emissions at about 14,349,000 kg CO2e in Great Britain. The company is committed to achieving net zero emissions by 2050, aligning with its strategic growth drivers to address climate change. Historically, Legal & General's emissions have fluctuated, with total global emissions reaching about 64,297,500 kg CO2e in 2024, including Scope 1 emissions of approximately 642,975,000 kg CO2e and Scope 3 emissions of about 3,168,300 kg CO2e. The company has set near-term targets to cover 47% of its total investment and lending assets by 2030, consistent with the reductions required to limit global warming to 1.5°C. Legal & General's commitment to sustainability is evident in its comprehensive approach to reducing emissions across all scopes, with a focus on both operational and investment-related emissions. The company continues to work towards its long-term climate goals while actively monitoring and reporting its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2013 | 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 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 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 | 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.