Legal & General Investment Management Limited

Legal & General Investment Management Limited (LGIM), headquartered in GB and operating in financial intermediation services, is committed to significant carbon reductions.

In 2021, LGIM reported Scope 1 emissions of approximately 4,273,000 kg CO2e and Scope 2 emissions of approximately 11,558,000 kg CO2e, totalling approximately 15,830,000 kg CO2e for these scopes. Data for Scope 3 emissions was not disclosed for this year.

LGIM has established several reduction targets:

• A commitment to achieve net-zero carbon by 2030 for Scope 1 and Scope 2 emissions, in line with the Welsh Public Sector Roadmap, with engagement beginning in 2021.
• A target for a 42% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 2030, using a 2019 base year.
• A commitment to reduce the operational carbon and energy intensity of landlord-controlled areas (Scope 1 & 2 emissions) by 60% by 2030.
• A target to establish science-based targets for wider Scope 3 emissions during 2021.
• A long-term commitment towards achieving net-zero carbon by 2050.

For the years 2023 and 2024, specific absolute emissions data for Scope 1, 2, or 3 were not disclosed. However, intensity data is available, including a carbon footprint of approximately 38.0 kgCO2e per m² for Scope 3 carbon intensity and approximately 9.07 x 10⁻⁷ kgCO2e per £1 million invested at origination for 2023. For 2024, the carbon footprint was approximately 38.0 kgCO2e per m² for Scope 3 carbon intensity and approximately 8.91 x 10⁻⁷ kgCO2e per £1 million invested at origination.