Legal & General Group PLC

Common Name
Legal & General Group
Country
United Kingdom
Sector
Financial Services
Industry
Asset Management
Employees
10,799
Ticker
LGEN
Exchange
LONDON STOCK EXCHANGE
Description
Legal & General Group Plc is a prominent British multinational financial services company. The primary function of this entity is to provide life insurance, investment management, and pension services...

Legal & General Group's Climate Target Data Preview

As of 2024, Legal & General Group has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 5 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Legal & General Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Investment
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a
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target
Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Investment
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a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Legal & General Group’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Legal & General Group’s data sources below and access millions more through our Disclosure Search.

a. Legal & General Group's Climate Report 2024
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Insights into Legal & General Group's Greenhouse Gas Emissions Pathways

As of 2024, Legal & General Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Legal & General Group have a target to reduce the emissions from its operations?

As of 2024, Legal & General Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Legal & General Group's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 38,982 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, Legal & General Group is ahead of schedule on its operational emissions reduction target, having achieved 70.62% of the planned reduction. a

Legal & General Group's Operational (Scope 1+2) Emissions Pathway

202120242030010 k20 k30 k40 kBaselineCurrent (-30%)Target 2030 (-42%)

Does Legal & General Group have a target to reduce the emissions from its value chain?

As of 2024, Legal & General Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Legal & General Group's most ambitious value chain target is to reduce these emissions by 58% by 2030, compared to a baseline of 0.058 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2019. a

As of 2024, Legal & General Group is lagging behind on its value chain emissions reduction target, having achieved 41.62% of the planned reduction. a

Legal & General Group's Value Chain (Scope 3) Emissions Pathway

20192024203000.020.030.050.06BaselineCurrent (-24%)Target 2030 (-58%)
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