Lincoln National
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 67 is higher than 99% 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 significant contributions from Scope 3 emissions at about 98,276,000 kg CO2e, followed by Scope 2 emissions at approximately 4,673,000 kg CO2e (market-based) and 4,870,000 kg CO2e (location-based), and Scope 1 emissions at about 2,137,000 kg CO2e. In 2023, the company recorded total emissions of around 106,820,000 kg CO2e, with Scope 3 emissions again being the largest at approximately 106,820,000 kg CO2e, while Scope 2 emissions were about 5,181,000 kg CO2e (market-based) and 5,319,000 kg CO2e (location-based), and Scope 1 emissions were around 2,853,000 kg CO2e. Lincoln National has made notable strides in reducing its carbon footprint. 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, also compared to a 2014 baseline. These commitments and achievements reflect Lincoln National's ongoing efforts to address climate change and reduce its environmental impact.
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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 |
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 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.
