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.
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.
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.
Legal & General Investment Management Limited's score of 38 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 shift in their emissions profile, as they began disclosing Scope 3 emissions for the first time. In the previous year, 2022, LGIM's total emissions were about 16292000 kg CO2e, with 4570000 kg CO2e from Scope 1 and 11723000 kg CO2e from Scope 2. The company has shown a commitment to reducing its carbon footprint, with a decrease in Scope 1 and Scope 2 emissions from 2021, where total emissions were approximately 15830000 kg CO2e. Despite these reductions, LGIM has not publicly set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company continues to focus on transparency in its emissions reporting, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 participating in any 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.