Legal And General
Legal & General Group Plc, commonly referred to as Legal & General, is a prominent financial services company headquartered in Great Britain. Established in 1836, it has evolved into a leading player in the insurance and investment sectors, with significant operations across the UK, the United States, and Europe. The company offers a diverse range of products, including life insurance, pensions, and investment management services, distinguished by their commitment to innovation and customer-centric solutions. Legal & General is recognised for its strong market position, consistently ranking among the top providers in the UK insurance market. With a rich history of milestones, including pioneering initiatives in sustainable investment, Legal & General continues to shape the financial landscape while prioritising long-term value for its clients.
DitchCarbon Score
How does Legal And General'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
Legal And General's score of 70 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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Legal And General's reported carbon emissions
In 2024, Legal & General reported total carbon emissions of approximately 27,722,000 kg CO2e from Scope 1 and 2, with Scope 1 emissions at about 9,665,000 kg CO2e and Scope 2 emissions at approximately 8,386,000 kg CO2e (market-based). Additionally, Scope 3 emissions were reported at about 3,168,300 kg CO2e. This reflects a commitment to transparency in their carbon footprint across all scopes. In 2023, the company recorded Scope 1 emissions of about 10,158,000 kg CO2e and Scope 2 emissions of approximately 4,215,000 kg CO2e (market-based), contributing to a total of about 27,418,000 kg CO2e for Scope 1 and 2 combined. Notably, in the UK, Scope 1 emissions were around 9,452,000 kg CO2e, with Scope 2 emissions at approximately 1,000,000 kg CO2e (market-based). Legal & General has set ambitious climate commitments, aiming for net-zero emissions by 2050. They have established a near-term target to achieve a 42% absolute reduction in Scope 1 and 2 greenhouse gas emissions by 2030, using 2021 as the base year. Furthermore, they aim for 70% of eligible assets under management (AUM) to align with their net-zero ambition by 2030. The company is also focused on achieving net-zero carbon for their real estate property assets by 2050 or sooner and is committed to delivering new homes that operate at net-zero carbon emissions by 2030. These initiatives underscore Legal & General's strategic approach to tackling climate change and reducing their overall carbon footprint.
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| 2013 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 5,018,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 28,517,000 | 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 | 4,885,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | - | 0,000,000 |
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.
Legal And General is participating in some 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.
