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, widely recognized for its comprehensive offerings in insurance, asset management, and retirement solutions. E...

Legal & General Group's GHG Emissions Data Preview

In 2024, Legal & General Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Legal & General Group has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Legal & General Group’s Greenhouse Gas (GHG) Emissions 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 Annual Report 2024
a. Legal & General Group's Annual Report 2024
b. Legal & General Group's Annual Report 2023
b. Legal & General Group's Annual Report 2023
c. Legal & General Group's Sustainability Report 2020
c. Legal & General Group's Sustainability Report 2020

Insights into Legal & General Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Legal & General Group amounted to 27,418 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Legal & General Group decreased by 1.1%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Legal & General Group's Scope 1 Emissions Over Time

201820192020202120222023202404 k8 k12 k16 ktCO2e+22%-19%+11%-9%-19%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Legal & General Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Legal & General Group were 9,665 metric tons of CO₂ equivalent (tCO₂e). a

Has Legal & General Group reduced its Scope 1 emissions over time?

Since 2018, Legal & General Group's Scope 1 emissions have decreased by 22.35%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Legal & General Group's Scope 1 emissions decreased by 4.85%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Legal & General Group's Scope 2 emissions?

In 2024, Legal & General Group reported Scope 2 greenhouse gas (GHG) emissions of 3,652 tCO₂e using the market-based method and 17,753 tCO₂e using the location-based method. a

Has Legal & General Group reduced its Scope 2 emissions over time?

Since 2018, Legal & General Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 38.74%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2023), Legal & General Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Legal & General Group 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Legal & General Group use for Scope 2 reporting?

In 2024, Legal & General Group reported its Scope 2 emissions using the market-based method and using the location-based method. a

Legal & General Group's Scope 2 Emissions Over Time

201820192020202120222023202407.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Legal & General Group's Value Chain Emissions

In 2024, Legal & General Group reported 5,179,143 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Legal & General Group includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Legal & General Group's Scope 3 Emissions Over Time

201820192020202120222023202402.5 M5 M7.5 M10 MtCO2e+2%+111018%-7%-25%-9%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Legal & General Group's Scope 3 emissions?

In 2024, Legal & General Group reported total Scope 3 emissions of 5,179,143 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.37% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.63% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Legal & General Group reduced its Scope 3 emissions over time?

Since 2018, Legal & General Group's Scope 3 emissions have increased by 70,692%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2023), Legal & General Group's Scope 3 emissions remained relatively stable, indicating that Legal & General Group 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Legal & General Group disclose?

In 2024, Legal & General Group reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Legal & General Group's Scope 3 emissions?

In 2024, the largest contributors to Legal & General Group's Scope 3 emissions were: a

  • Investments (Cat. 15): 4,900,000 tCO₂e (94.61%)
  • Downstream Leased Assets (Cat. 13): 260,000 tCO₂e (5.02%)
  • Business Travel (Cat. 6): 7,799 tCO₂e (0.15%)

Legal & General Group's Scope 3 Emissions by Categories

Investments(Cat. 15)(94.6%)Downstream LeasedAssets (Cat. 13)(5.0%)

Insights into Legal & General Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Legal & General Group reported Scope 1 greenhouse gas (GHG) emissions of 9,665 tCO₂e and total revenues of USD 26,150 millions. This translates into an emissions intensity of 0.37 tCO₂e per millions USD. a

Legal & General Group's Scope 1 Emissions Intensity Compared to Peers

5505005,00050,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)PABQHgCapital TrustYear: 2023Scope 1: 20 tCO2eRevenue: $M 314Scope 1 Intensity: 0.06 tCO2e/$MAJ BellYear: 2024Scope 1: 182 tCO2eRevenue: $M 361Scope 1 Intensity: 0.50 tCO2e/$MMan GroupYear: 2024Scope 1: 533 tCO2eRevenue: $M 1,059Scope 1 Intensity: 0.50 tCO2e/$MPPPolar Capital HoldingsYear: 2025Scope 1: 37 tCO2eRevenue: $M 287Scope 1 Intensity: 0.13 tCO2e/$MAllfunds GroupYear: 2024Scope 1: 11 tCO2eRevenue: $M 578Scope 1 Intensity: 0.02 tCO2e/$MSchrodersYear: 2024Scope 1: 483 tCO2eRevenue: $M 3,727Scope 1 Intensity: 0.13 tCO2e/$MLondon Stock Exchange GroupYear: 2024Scope 1: 1,736 tCO2eRevenue: $M 11,114Scope 1 Intensity: 0.16 tCO2e/$M3i GroupYear: 2025Scope 1: 91 tCO2eRevenue: $M 6,711Scope 1 Intensity: 0.01 tCO2e/$MJanus Henderson GroupYear: 2024Scope 1: 116 tCO2eRevenue: $M 2,473Scope 1 Intensity: 0.05 tCO2e/$MAAAberdeen GroupYear: 2023Scope 1: 739 tCO2eRevenue: $M 1,844Scope 1 Intensity: 0.40 tCO2e/$MBBBridgepoint GroupYear: 2023Scope 1: 30 tCO2eRevenue: $M 376Scope 1 Intensity: 0.08 tCO2e/$MNatWest GroupYear: 2024Scope 1: 9,402 tCO2eRevenue: $M 18,388Scope 1 Intensity: 0.51 tCO2e/$MAvivaYear: 2024Scope 1: 7,437 tCO2eRevenue: $M 39,855Scope 1 Intensity: 0.19 tCO2e/$MSt James's PlaceYear: 2024Scope 1: 597 tCO2eRevenue: $M 32,446Scope 1 Intensity: 0.02 tCO2e/$MLloyds Banking GroupYear: 2024Scope 1: 20,441 tCO2eRevenue: $M 23,345Scope 1 Intensity: 0.88 tCO2e/$MQQQuilterYear: 2024Scope 1: 354 tCO2eRevenue: $M 6,808Scope 1 Intensity: 0.05 tCO2e/$MBarclaysYear: 2024Scope 1: 8,949 tCO2eRevenue: $M 32,913Scope 1 Intensity: 0.27 tCO2e/$MRIT Capital PartnersYear: 2024Scope 1: 29 tCO2eRevenue: $M 431Scope 1 Intensity: 0.07 tCO2e/$MICGYear: 2025Scope 1: 8 tCO2eRevenue: $M 1,231Scope 1 Intensity: 0.01 tCO2e/$MLegal & General GroupYear: 2024Scope 1: 9,665 tCO2eRevenue: $M 26,150Scope 1 Intensity: 0.37 tCO2e/$M

How does Legal & General Group's GHG emissions intensity compare to its peers?

In 2024, Legal & General Group reported a Scope 1 emissions intensity of 0.37 tCO₂e per millions USD. Compared to the peer group median of 0.13 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Legal & General Group rank on GHG emissions intensity within its industry?

In 2024, Legal & General Group ranked 15 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Legal & General Group among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Legal & General Group's Total Carbon Footprint

In 2024, Legal & General Group reported a total carbon footprint of 5,206,561 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.65% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Legal & General Group's total carbon footprint was Scope 3 emissions, accounting for 99.47% of the company's total carbon footprint, followed by Scope 2 emissions at 0.34%. a

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