Legal And General
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Legal And General's score of 75 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Legal And General's reported carbon emissions
In 2024, Legal & General reported total carbon emissions of approximately 27,418,000 kg CO2e from Scope 1 and 2 combined. This includes 9,665,000 kg CO2e from Scope 1 emissions, which encompass direct emissions, and 3,652,000 kg CO2e from Scope 2 emissions, calculated on a market-based approach. Notably, the company has not disclosed Scope 3 emissions for its UK operations, but globally, these emissions reached approximately 4,900,000,000 kg CO2e, primarily from investments. Legal & General is committed to achieving net zero emissions by 2050, with interim targets including a 42% absolute reduction in Scope 1 and 2 emissions by 2030, based on a 2021 baseline. This commitment is part of their broader strategy to address climate change, which they consider a key growth driver. The company has also set a target for 70% of eligible assets under management to align with net-zero ambitions by 2030. In the UK, 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 previous year, 2023, saw similar figures with Scope 1 emissions at about 9,452,000 kg CO2e and Scope 2 emissions at 1,000,000 kg CO2e (market-based). Legal & General's climate initiatives reflect a strong commitment to sustainability, with ongoing efforts to decarbonise their real estate assets and ensure new housing developments operate at net-zero carbon emissions by 2030.
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| 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 | 0,000,000 | 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
