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OrganisationsLegal And General
Legal And General logo

Legal And General

Insurance ServicesUnited KingdomLON: LGEN
Last verified 17 days agolandg.com

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.

88
DitchCarbon score

+51 vs industry average

Legal And General’s score of 88 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

Very Low

Insurance Services is among the least carbon-intensive industries

Industry performance

0.029
20192025

The Insurance Services industry has reduced its overall emissions by 7% since 2019

Emissions trajectory 2020 – 2028

0.0B0.0B0.0B0.0B0

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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's climate commitments include achieving net-zero emissions by 2050. They have set a science-based target (SBT) to reduce their Scope 1 and 2 emissions by 42% by 2030, using a 2021 baseline. Additionally, they aim for 80% of their suppliers, by spend, to have set science-based carbon reduction targets by the end of 2026. Their subsidiary housing businesses are working towards delivering new homes that operate at net-zero carbon emissions by 2030. In terms of emissions, for the reporting year 2025, Legal & General reported a total of approximately 5.72 billion kg CO2e from Scope 3 emissions, including approximately 5.49 billion kg CO2e from investments. Scope 1 emissions were approximately 5.4 million kg CO2e, and Scope 2 emissions (location-based) were approximately 14.5 million kg CO2e. The total for Scope 1 and 2 emissions for 2025 was approximately 19.9 million kg CO2e. For the reporting year 2024, total Scope 3 emissions were approximately 3.32 million kg CO2e. Scope 1 emissions were about 9.67 million kg CO2e, and Scope 2 (location-based) emissions were approximately 17.8 million kg CO2e. The combined Scope 1 and 2 emissions for 2024 totalled approximately 27.4 million kg CO2e. In 2023, Scope 1 emissions were around 10.16 million kg CO2e. Scope 2 (location-based) emissions were approximately 17.6 million kg CO2e, and Scope 3 emissions included about 5 billion kg CO2e from investments and approximately 300 million kg CO2e from downstream leased assets. The total Scope 1 and 2 emissions for 2023 were approximately 27.7 million kg CO2e. For 2022, Scope 1 emissions amounted to approximately 12.5 million kg CO2e, and Scope 2 (location-based) emissions were about 17.6 million kg CO2e. Scope 3 emissions included approximately 5.8 billion kg CO2e from investments and around 300 million kg CO2e from downstream leased assets. The total for Scope 1 and 2 emissions in 2022 was approximately 30.1 million kg CO2e.

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Legal And General’s Climate Goals (2030 & 2050)

11 goals

2030

42% reduction in Scope 1

Net zero scope 1 and 2 GHG emissions by 2050, with an absolute reduction of 42% by 2030 from our 2021 science-based target base year.

On track42%

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%

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Scope 3 top emissions categories

6 of 15 categories disclosed
Investments96%
Downstream Leased Assets4%
Fuel & Energy Activities0%
Business Travel0%
Upstream Leased Assets0%
Waste Generated in Operations0%
Investments96%
Downstream Leased Assets4%
Fuel & Energy Activities0%
Business Travel0%
Upstream Leased Assets0%
Waste Generated in Operations0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

See details
Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Legal And General logoLegal And General
GBInsurance Services
17 days ago
88
Scor logoScor
FRInsurance Services
59 minutes ago
91
View
Asr Nederland logoAsr Nederland
NLInsurance Services
16 days ago
90
View
Great Eastern Holdings logoGreat Eastern Holdings
SGInsurance Services
15 days ago
74
View
Helvetia Insurance logoHelvetia Insurance
CHInsurance Services
10 days ago
66
View
Aegon Nederland logoAegon Nederland
NLFinancial Intermediation
6 days ago
65
View
Sampo logoSampo
FIInsurance Services
7 hours ago
65
View

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Ditchcarbonv260319.2
[email protected]+44 203 475 7875

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