Legal & General Investment Management Limited
Legal & General Investment Management Limited (LGIM), headquartered in Great Britain, is a leading player in the investment management industry. Founded in 1836, LGIM has established itself as a trusted provider of investment solutions, serving clients across Europe, North America, and Asia. The firm offers a diverse range of core products and services, including active and passive investment strategies, fixed income, and real estate investments. What sets LGIM apart is its commitment to responsible investing and innovative solutions tailored to meet the evolving needs of its clients. With a strong market position, LGIM manages assets worth over £1 trillion, making it one of the largest investment managers in the UK. The company is recognised for its expertise in sustainable investment, reflecting its dedication to integrating environmental, social, and governance (ESG) factors into its investment processes.
DitchCarbon Score
How does Legal & General Investment Management Limited'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 Financial Intermediation 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 & General Investment Management Limited's score of 34 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Legal & General Investment Management Limited's reported carbon emissions
In 2023, Legal & General Investment Management Limited (LGIM) reported total carbon emissions of approximately 13100000 kg CO2e, comprising 3363000 kg CO2e from Scope 1, 9737000 kg CO2e from Scope 2, and a significant 335069000 kg CO2e from Scope 3 emissions. This marked a notable increase in Scope 3 emissions compared to previous years, highlighting the importance of addressing indirect emissions in their climate strategy. In 2022, LGIM's total emissions were about 16292000 kg CO2e, with Scope 1 emissions at 4570000 kg CO2e and Scope 2 at 11723000 kg CO2e. The trend shows a gradual reduction in Scope 1 and Scope 2 emissions over the years, with 2021 reporting 15830000 kg CO2e and 2020 at 17261000 kg CO2e. Despite these figures, LGIM has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to focus on transparency in its emissions reporting, which is crucial for stakeholders monitoring climate impact and sustainability efforts. Overall, LGIM's emissions data reflects the ongoing challenges in managing carbon footprints, particularly in Scope 3 emissions, while their commitment to responsible investment practices remains a key aspect of their operational strategy.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 4,883,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 12,379,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 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 & General Investment Management Limited is not committed to any reduction initiatives 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.
