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 84 is higher than 95% 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 27,418,000 kg CO2e, comprising 9,665,000 kg CO2e from Scope 1, 3,652,000 kg CO2e from Scope 2 (market-based), and significant Scope 3 emissions, including 4,900,000,000 kg CO2e from investments and 7,799,000 kg CO2e from business travel. The company has set ambitious climate commitments, aiming for net zero emissions across all scopes by 2050. Specifically, they target a 42% absolute reduction in Scope 1 and 2 emissions by 2030, using 2021 as the baseline year. In the UK, Legal & General's emissions for 2024 were reported at approximately 8,983,000 kg CO2e for Scope 1 and 1,264,000 kg CO2e for Scope 2 (market-based). The company is actively working towards its net-zero goals, with a near-term target of having 70% of eligible assets under management aligned with this ambition by 2030. Legal & General's commitment to sustainability is reflected in their strategic growth drivers, with a focus on decarbonising their operations and investments. They are also working towards delivering new homes that operate at net-zero carbon emissions by 2030 through their housing subsidiaries. Overall, Legal & General is making significant strides in addressing climate change while maintaining transparency in their emissions reporting and reduction initiatives.
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 | 0,000,000 |
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 | 0,000,000 |
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 | 0,000,000,000 |
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.