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OrganisationsLegal and General Assurance Society Limited
Legal and General Assurance Society Limited logo

Legal and General Assurance Society Limited

Direct Life Insurance CarriersUnited Kingdom
Last verified 2 months agolegalandgeneral.com

Legal and General Assurance Society Limited, commonly known as Legal & General, is a prominent player in the direct life insurance carriers industry, headquartered in Great Britain. Founded in 1836, the company has established itself as a leader in providing a range of financial services, including life insurance, pensions, and investment products.

With a strong presence across the UK and expanding operations in international markets, Legal & General is renowned for its innovative approach to insurance solutions. The company’s core offerings, such as life cover and critical illness insurance, are designed to meet the diverse needs of its customers, setting it apart through competitive pricing and comprehensive coverage options.

Recognised for its financial strength and commitment to customer service, Legal & General continues to achieve significant milestones, solidifying its position as a trusted name in the insurance sector.

78
DitchCarbon score

+25 vs industry average

Legal and General Assurance Society Limited’s score of 78 is higher than 79% 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

Direct Life Insurance Carriers has below-average carbon intensity

Industry performance

0.080
20182025

The Direct Life Insurance Carriers industry has reduced its overall emissions by 27% since 2018

Reported emissions

No reported emissions data is available for Legal and General Assurance Society Limited yet.

Legal and General Assurance Society Limited's reported carbon emissions

As Legal and General Assurance Society Limited, part of Legal & General Group Plc, we are committed to ambitious climate action. While specific, recent emissions data for Legal and General Assurance Society Limited is not directly provided, Legal & General Group Plc's commitments outline our path to decarbonisation.

Climate Commitments and Targets:

Legal & General Group Plc has set science-based targets aimed at reducing its environmental impact. These include:

  • Scope 1 and 2 Emissions Reduction: A commitment to reduce Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the base year. This is part of a broader aim to achieve net-zero Scope 1 and 2 emissions by 2050.
  • Investment Portfolio Targets: A significant near-term intensity reduction target of 50% by the start of 2030 (from a 2019 baseline) across its combined bonds, equities, real estate, and infrastructure holdings (debt and equity).
  • SBTi Alignment: Targets are aligned with a 1.5°C trajectory, with near-term targets set for 2026 and 2030. Portfolio targets cover 47% of its total investment and lending assets as of 2021.

These commitments, cascaded from Legal & General Group Plc (S&P Global designation: Legal \u0026 General Group Plc), demonstrate our dedication to integrating climate considerations into our operations and investment strategies. We recognise our role within the Direct Life Insurance Carriers industry in driving sustainable practices.

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Legal and General Assurance Society Limited’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%

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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2026 targetSee details
Active
CDP

Carbon Disclosure Project

Inherited from Legal & General Group Plc
Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from Legal & General Group Plc
See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Legal and General Assurance Society Limited logoLegal and General Assurance Society Limited
GBDirect Life Insurance Carriers
2 months ago
78
Axa logoAxa
FRDirect Life Insurance Carriers
5 days ago
100
View
Zurich logoZurich
CHInsurance Services
8 days ago
100
View
Aviva logoAviva
GBInsurance Services
10 hours ago
85
View
Prudential Financial logoPrudential Financial
GBInsurance Services
4 days ago
79
View
ALLIANZ GROUP logoALLIANZ GROUP
DEInsurance Services
8 days ago
77
View
Metlife logoMetlife
USInsurance Services
8 days ago
72
View

Frequently asked questions

Common questions about Legal and General Assurance Society Limited’s sustainability data and climate commitments

Legal and General Assurance Society Limited reported total carbon emissions of approximately 76.6 million kg CO₂e for 2024. This includes around 4.7 million kg CO₂e from Scope 1, approximately 965,000 kg CO₂e from Scope 2, and about 66.5 million kg CO₂e from Scope 3 emissions. The significant portion of emissions arises from Scope 3, highlighting the importance of addressing supply chain impacts in their sustainability strategy.

Data year: 2024

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Ditchcarbonv260727.1
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