Lincoln National Corp

Common Name
Lincoln National
Country
United States
Sector
Financial Services
Industry
Insurance - Life
Employees
9,783
Ticker
LNC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Lincoln National Corporation is a prominent player in the financial services sector, primarily focused on insurance and related offerings. Best known for its life insurance products, the corporation a...

Lincoln National's GHG Emissions Data Preview

In 2023, Lincoln National 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).

However, Lincoln National has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Lincoln National's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Lincoln National amounted to 8,172 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Lincoln National decreased by 9.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Lincoln National's Scope 1 Emissions Over Time

20182019202020212022202309001.8 k2.7 k3.6 ktCO2e+9%-45%+9%+82%-18%
  • Total Scope 1
  • Year-over-Year Change

What are Lincoln National's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Lincoln National were 2,853 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Lincoln National reduced its Scope 1 emissions over time?

Since 2018, Lincoln National's Scope 1 emissions have decreased by 1.79%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Lincoln National's Scope 1 emissions decreased by 17.97%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Lincoln National's Scope 2 emissions?

In 2023, Lincoln National reported Scope 2 greenhouse gas (GHG) emissions of 5,181 tCOâ‚‚e using the market-based method, and 5,319 tCOâ‚‚e using the location-based method.

Has Lincoln National reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Lincoln National's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Lincoln National 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Lincoln National use for Scope 2 reporting?

In 2023, Lincoln National reported its Scope 2 emissions using the market-based method and using the location-based method.

Lincoln National's Scope 2 Emissions Over Time

20182019202020212022202302.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Lincoln National's Value Chain Emissions

In 2023, Lincoln National reported 106,820 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Lincoln National includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Lincoln National's Scope 3 Emissions Over Time

201820192020202120222023030 k60 k90 k120 ktCO2e-3%-48%+25%+446%+8%
  • Total Scope 3
  • Year-over-Year Change

What are Lincoln National's Scope 3 emissions?

In 2023, Lincoln National reported total Scope 3 emissions of 106,820 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Lincoln National reduced its Scope 3 emissions over time?

Since 2018, Lincoln National's Scope 3 emissions have increased by 269.66%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Lincoln National's Scope 3 emissions remained relatively stable, indicating that Lincoln National 's emissions have plateaued with no significant change in its value chain footprint.

Insights into Lincoln National's Total Carbon Footprint

In 2023, Lincoln National reported a total carbon footprint of 114,992 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.66% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Lincoln National's total carbon footprint was Scope 3 emissions, accounting for 92.89% of the company's total carbon footprint, followed by Scope 2 emissions at 4.63%.

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