Lincoln Financial Group
Lincoln Financial Group, headquartered in the United States, is a prominent player in the financial services industry, specialising in insurance, retirement solutions, and investment management. Founded in 1905, the company has established a strong presence across various operational regions, providing innovative financial products and services to individuals and businesses alike. With a diverse portfolio that includes life insurance, annuities, and employee benefits, Lincoln Financial Group distinguishes itself through its commitment to customer-centric solutions and financial wellness. The company has achieved significant milestones, including recognition for its robust financial strength and stability, positioning it as a trusted partner in the market. As a leader in the financial services sector, Lincoln Financial Group continues to evolve, adapting to the changing needs of its clients while maintaining a focus on integrity and excellence.
DitchCarbon Score
How does Lincoln Financial Group'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
Lincoln Financial Group's score of 41 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lincoln Financial Group's reported carbon emissions
In 2023, Lincoln Financial Group reported total carbon emissions of approximately 113,000,000 kg CO2e, with emissions distributed across all three scopes: 2,853,000 kg CO2e from Scope 1, 5,181,000 kg CO2e from Scope 2 (market-based), and a significant 106,820,000 kg CO2e from Scope 3. This represents a notable increase in Scope 3 emissions compared to previous years, indicating a growing impact from their value chain activities. Over the years, Lincoln Financial has made strides in reducing its emissions. For instance, in 2021, the company recorded 18,077,000 kg CO2e in Scope 3 emissions, which shows a substantial increase in 2023. However, Scope 1 and Scope 2 emissions have seen some reductions from earlier years, with Scope 1 emissions decreasing from 3,534,000 kg CO2e in 2012 to 2,853,000 kg CO2e in 2023. Despite these reductions, Lincoln Financial Group 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 monitor its emissions across all scopes, reflecting an ongoing commitment to understanding and managing its carbon footprint.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,534,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 13,568,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 30,242,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Lincoln Financial Group 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.
