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In 2024, 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).
Lincoln National 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofLincoln National amounted to7,007metric 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 Lincoln Nationaldecreased by 14.26%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Lincoln National were 2,137 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, Lincoln National's Scope 1 emissions have decreased by 32.65%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Lincoln National's Scope 1 emissions decreased by 25.1%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Lincoln National reported Scope 2 greenhouse gas (GHG) emissions of 4,673 tCOâ‚‚e using the market-based method and 4,870 tCOâ‚‚e using the location-based method.a
Compared to the previous year(2023), 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.ab
In 2024, Lincoln National reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Lincoln National reported 98,274.75 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Lincoln National includes a breakdown across 7of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Lincoln National reported total Scope 3 emissions of 98,274.75 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Lincoln National's Scope 3 emissionshave increased by 249.87%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), 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.ab
In 2024, Lincoln National 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.
In 2024, the largest contributors to Lincoln National's Scope 3 emissions were:a
In 2024, Lincoln National reported Scope 1 greenhouse gas (GHG) emissions of 2,137 tCOâ‚‚e and total revenues of USD 17,988 millions. This translates into an emissions intensity of 0.12 tCOâ‚‚e per millions USD.a
In 2024, Lincoln National reported a Scope 1 emissions intensity of 0.12 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.28, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Lincoln National ranked 5 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Lincoln National among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Lincoln National reported a total carbon footprint of 105,281.75 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.44% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Lincoln National's total carbon footprint was Scope 3 emissions, accounting for 93.34% of the company's total carbon footprint, followed by Scope 2 emissions at 4.63%.a