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 64 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Lincoln National reported total carbon emissions of approximately 98,276,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 98,276,000 kg CO2e. Scope 1 emissions were approximately 2,137,000 kg CO2e, while Scope 2 emissions totalled about 4,673,000 kg CO2e (market-based). In 2023, the company recorded total emissions of about 106,820,000 kg CO2e, with Scope 3 emissions again being the largest contributor at approximately 106,820,000 kg CO2e. Scope 1 emissions were around 2,853,000 kg CO2e, and Scope 2 emissions were approximately 5,181,000 kg CO2e (market-based). Despite these figures, Lincoln National has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The company operates within an industry increasingly focused on reducing carbon footprints, highlighting the importance of establishing measurable goals to align with global climate efforts.
Access structured emissions data, company-specific emission factors, and source documents
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 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 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 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.