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.
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.
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.
Lincoln National's score of 43 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lincoln National reported total carbon emissions of approximately 14,483,000 kg CO2e, comprising 6,779,000 kg CO2e from Scope 1, 2,854,000 kg CO2e from Scope 2 (market-based), and 14,483,000 kg CO2e from Scope 3 emissions. This reflects a significant reliance on Scope 3 emissions, which typically encompass indirect emissions from the value chain. Over the years, Lincoln National has shown fluctuations in its emissions. For instance, in 2022, total emissions were about 107,716,000 kg CO2e, with Scope 1 emissions at 5,696,000 kg CO2e and Scope 2 emissions at 5,158,000 kg CO2e (market-based). The company has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. Overall, Lincoln National's emissions data highlights the importance of addressing both direct and indirect emissions as part of its climate strategy, particularly given the substantial contribution of Scope 3 emissions to its overall carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2012 | 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 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Lincoln National is committed to some reduction initiatives 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.