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 67 is higher than 85% 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 greenhouse gas emissions of approximately 106,000,000 kg CO2e, comprising 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 emissions. This reflects a slight decrease in Scope 1 emissions from 2,853,000 kg CO2e in 2023, while Scope 2 emissions decreased from 5,181,000 kg CO2e in 2023. The company has made significant strides in reducing its emissions intensity, achieving a 27.42% reduction in greenhouse gas emissions per employee from purchased electricity (Scope 2) against a 2014 baseline, surpassing its 2020 target of 20%. Additionally, Lincoln National 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. Lincoln National's emissions data is sourced directly from Lincoln National Corporation, with no cascading from a parent or related organization. The company continues to focus on its climate commitments and reduction initiatives, aiming for further improvements in its environmental impact.
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 | 00,000,000 | 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.