Lincoln National Sustainability Profile
Lincoln National Corporation, commonly known as Lincoln Financial, is a prominent player in the financial services industry, headquartered in Radnor, Pennsylvania, US. Founded in 1905, the company has established itself as a leader in providing a diverse range of products, including life insurance, annuities, retirement plan services, and group benefits. With a strong presence across the United States, Lincoln Financial is recognised for its commitment to helping individuals and businesses achieve financial security. The company’s innovative solutions, such as its tailored retirement planning services, set it apart in a competitive market. Notable achievements include consistent rankings among the top life insurance providers, reflecting its robust market position and dedication to customer service.
DitchCarbon Score
How does Lincoln National'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 Insurance Services 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 National's score of 64 is higher than 78% 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 National's reported carbon emissions
In 2024, Lincoln National reported total carbon emissions of approximately 98,276,000 kg CO2e, with emissions distributed across various scopes: 2,137,000 kg CO2e from Scope 1, 4,673,000 kg CO2e from Scope 2 (market-based), and 98,276,000 kg CO2e from Scope 3. This represents a slight decrease in emissions compared to 2023, where total emissions were about 106,820,000 kg CO2e, with Scope 1 emissions at 2,853,000 kg CO2e and Scope 2 emissions at 5,181,000 kg CO2e (market-based). Lincoln National has made significant strides in reducing its carbon footprint. Notably, the company achieved a 27.42% reduction in greenhouse gas emissions intensity per employee from purchased electricity (Scope 2) against a 2014 baseline, surpassing its 2020 target of 20%. Additionally, it reduced electricity consumption by 10.90% at its Omaha, NE location, exceeding its goal of an 8% reduction by 2022. The emissions data is sourced directly from Lincoln National Corporation, with no cascaded data from parent or related organizations. The company continues to focus on sustainability and climate commitments, aligning with industry standards for emissions reporting and reduction initiatives.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 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 | 00,000,000 |
How Carbon Intensive is Lincoln National's Industry?
How Carbon Intensive is Lincoln National's Location?
Lincoln National's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Lincoln National has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
