Royal London

Royal London, a GB-based company in Services auxiliary to financial intermediation, reported Scope 1 emissions of 211,000 kg CO2e, market-based Scope 2 emissions of 44,000 kg CO2e, and Scope 3 emissions of 38,009,000 kg CO2e for 2025.

Looking back, in 2024, Royal London's Scope 1 emissions were 229,000 kg CO2e, market-based Scope 2 emissions were 53,000 kg CO2e, and Scope 3 emissions were approximately 30,639,000 kg CO2e. This Scope 3 total included approximately 26,620,000 kg CO2e from purchased goods and services, 1,960,000 kg CO2e from employee commuting, and 1,117,000 kg CO2e from business travel. For 2023, the company reported Scope 1 emissions of 225,000 kg CO2e, market-based Scope 2 emissions of 1,136,000 kg CO2e, and Scope 3 emissions of about 31,932,000 kg CO2e.

Royal London has set several climate commitments. The company aims to achieve net zero emissions for Scope 1 and Scope 2 by 2030. Furthermore, Royal London is committed to reducing the emissions from its investment portfolio by 50% by 2030, using a 2020 baseline for Scope 3 emissions. Long-term goals include achieving net zero across indirectly managed property assets by 2040 and across all investments by 2050 (all scopes). The company also has a near-term target to reduce Scope 1 emissions by 60% by 2025, compared to a 2019 baseline.