Lincoln Financial Group, headquartered in the United States, is a prominent player in the financial services industry, specialising in insurance, retirement solutions, and investment management. Founded in 1905, the company has established a strong presence across various operational regions, providing innovative financial products and services to individuals and businesses alike. With a diverse portfolio that includes life insurance, annuities, and employee benefits, Lincoln Financial Group distinguishes itself through its commitment to customer-centric solutions and financial wellness. The company has achieved significant milestones, including recognition for its robust financial strength and stability, positioning it as a trusted partner in the market. As a leader in the financial services sector, Lincoln Financial Group continues to evolve, adapting to the changing needs of its clients while maintaining a focus on integrity and excellence.
How does Lincoln Financial Group'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 Financial Intermediation 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 Financial Group's score of 32 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lincoln Financial Group reported total carbon emissions of approximately 106,820,000 kg CO2e, with emissions distributed across various scopes: 2,853,000 kg CO2e from Scope 1, 5,181,000 kg CO2e from Scope 2, and a significant 106,820,000 kg CO2e from Scope 3. This marks a notable increase in Scope 3 emissions compared to previous years, indicating a growing focus on upstream and downstream activities. Over the years, Lincoln Financial Group has made strides in reducing its carbon footprint. For instance, in 2020, the company achieved a reduction in Scope 1 emissions to 1,750,000 kg CO2e and Scope 2 emissions to 7,301,000 kg CO2e, showcasing a commitment to lowering direct and indirect emissions. However, there are currently no specific reduction targets or initiatives disclosed under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s emissions data reflects a comprehensive approach to tracking and managing carbon emissions across all scopes, aligning with industry standards for climate accountability. As Lincoln Financial Group continues to navigate its climate commitments, the focus remains on understanding and mitigating the impacts of its operations on the environment.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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 |
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 |
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 Financial Group is not committed to any reduction initiatives 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.