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Legal And General
Insurance ServicesUnited KingdomLON: LGEN
Last verified 11 days agolegalandgeneral.com
Legal & General Group Plc, commonly known as Legal & General, is a prominent player in the insurance and pension funding services sector, headquartered in Great Britain. Established in 1836, the company has evolved significantly, marking key milestones in the industry, including its expansion into various financial services.
Operating primarily in the UK, Legal & General offers a diverse range of products, including life insurance, pensions, and investment management services. What sets them apart is their commitment to innovation and customer-centric solutions, ensuring that clients receive tailored financial products that meet their unique needs.
With a strong market position, Legal & General is recognised for its robust financial performance and dedication to responsible investing. The company continues to lead in the insurance and pension funding landscape, making it a trusted choice for individuals and businesses alike.
89
DitchCarbon score
+50 vs industry average
Legal And General’s score of 89 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Insurance Services has below-average carbon intensity
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Legal And General's reported carbon emissions
Legal & General, an insurance and pension funding services company headquartered in GB, reported its 2025 carbon emissions. Its Scope 1 emissions were about 5.4 million kg CO2e, and its Scope 2 market-based emissions were approximately 383,000 kg CO2e. Location-based Scope 2 emissions for 2025 were about 14.5 million kg CO2e. Scope 3 emissions for the same year totalled around 5.7 billion kg CO2e, with approximately 5.5 billion kg CO2e attributed to investments and 209 million kg CO2e from downstream leased assets.
Legal & General is committed to achieving net-zero emissions by 2050. The company has set a near-term target to reduce absolute Scope 1 and Scope 2 GHG emissions by 42% by 2030, using a 2021 base year. Furthermore, Legal & General aims for its operational footprint (occupied offices and business travel) to operate with net-zero carbon emissions from 2030. In its real estate portfolio, the company commits to reducing GHG emissions from its direct shareholder-owned investments by 58% per square metre by 2030 from a 2019 base year. Legal & General also intends for 80% of its suppliers, by spend, to set science-based carbon reduction targets by the end of 2026.
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Legal And General’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Legal And General11 days ago
89
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