Lincoln National

Lincoln National, an insurance and pension funding services provider based in the US, reported approximately 105.18 million kg CO2e in total carbon emissions for 2024. This figure includes about 2.14 million kg CO2e from Scope 1 emissions, 4.67 million kg CO2e from Scope 2 market-based emissions, and 98.28 million kg CO2e from Scope 3 emissions.

Looking back, their total emissions were approximately 114.85 million kg CO2e in 2023, about 107.71 million kg CO2e in 2022, and roughly 26.77 million kg CO2e in 2021. In 2020, total emissions were about 23.53 million kg CO2e.

Lincoln National has demonstrated commitment to reducing its environmental impact with several targets. The company exceeded its 2020 target of a 20% reduction in greenhouse gas emissions intensity per employee from purchased electricity (Scope 2) against a 2014 baseline, achieving a 27.42% reduction. Additionally, they surpassed their goal of an 8% reduction in electricity consumption at their Omaha, NE, location by 2022 compared to a 2014 baseline, achieving a 10.90% reduction. The company has also set a long-term science-based target to reach net-zero by 2040, validated by the SBTi, aiming for a 77% reduction in Scope 1-3 GHG emissions intensity (excluding category 11) by 2025 relative to a 2018 baseline. Furthermore, a near-term absolute target aims for a 67% reduction in Scope 3 GHG emissions from category 11, 'Use of sold products', by 2030 compared to a 2018 baseline.