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 32 is higher than 54% 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 2022, Lincoln Financial Group reported total carbon emissions of approximately 107,716,000 kg CO2e. This figure includes 3,478,000 kg CO2e from Scope 1 emissions, 5,465,000 kg CO2e from Scope 2 emissions, and a significant 98,773,000 kg CO2e from Scope 3 emissions. This represents a notable increase from 2021, when total emissions were about 26,767,000 kg CO2e, with Scope 1 at 1,911,000 kg CO2e, Scope 2 at 6,779,000 kg CO2e, and Scope 3 at 18,077,000 kg CO2e. The emissions data for Lincoln Financial Group is cascaded from its parent company, Liberty Financial Group Limited, indicating a corporate family relationship. However, there are currently no specific reduction targets or climate pledges disclosed by Lincoln Financial Group, nor are there any initiatives reported under the Science Based Targets initiative (SBTi). Overall, Lincoln Financial Group's emissions profile highlights the significant impact of Scope 3 emissions, which dominate their total carbon footprint. The company is positioned within an industry context that increasingly prioritises sustainability and climate action, yet it has yet to establish formal reduction commitments.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 2,666,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 11,155,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 28,081,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
