Legal & General·Financial Services / Banking·London, GB·Founded 1836·Last verified 31 May 2026
46
out of 100
Making progressPending Review

Legal & General discloses carbon targets and renewable energy progress but relies on intensity metrics for its largest climate impact—financed emissions. Operational emissions have genuinely fallen 30% since 2021, yet the investment portfolio (where real-world decarbonisation matters) is tracked only per pound invested, not absolute tonnes. Nature and water data remain absent, and a 2025 investigation found fossil fuels in a fund labelled 'Climate Pathway.'

The calculation

Every score shows its working.

Same formula for every company. No curve. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Financial Services / Banking sector ceiling.
50 / 100
Performance score
Sum of the 10 rubric questions, scored 0–10 each.
48 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 50) + (0.7 × 48) = 48.6
Scale penalty
Multiplier based on absolute emissions volume — physics-first.
× 0.95
Final score
Rounded. Making progress.
46 / 100
The ten questions

Where Legal & General is strong, and where it isn't.

Strongest on Transparency & Accountability and Carbon Footprint — Operations (7/10, 6/10). Weakest on Water Impact and Resource Use & Waste (3/10, 3/10).

Where the evidence comes from

Every document used, listed.

9 sources used in this assessment. All publicly available. Each row shows which rubric questions it informed.

[1]Self-reported
Climate and Nature Report 2024
2025
Q1Q2Q3Q4Q6Q8
View →
[2]Self-reported
Climate and Nature Report 2023
2023
Q1Q2Q3Q5Q6Q7Q9
View →
[3]Self-reported
Climate and Nature — Strategic Progress
Ongoing
Q2Q3Q6
View →
[4]Self-reported
LGIM Mastertrust Sustainability Report
Ongoing
Q3
View →
[5]Self-reported
Science-Based Target Initiative (SBTi) — Legal & General
Ongoing
Q8
View →
[6]Self-reported
Climate Transition Plan
2023
Q8
View →
[7]Third-party verified
LobbyMap — Legal & General in Climate Finance
2025
Q9Q10
View →
[8]Public record
Europe Green Investment Funds Hold Billions in Fossil Fuels — Investigation
2025
Q10
View →
[9]Self-reported
Sustainability — ESG Environment
Ongoing
Q5
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

Legal & General in context

Where Legal & General sits among financial services / banking peers.

Among the 29 major financial services / banking brands we've scored, Legal & General is tied =9th of 29, with 1 other.

=9/29
Legal & General's rank
40
Industry average
23
Industry low
65
Industry high
How this score has moved

Legal & General's score over time.

today

Score history begins 11 April 2026.

As Legal & General's score updates, the trajectory will appear here.

We're backfilling historical scores for FTSE 100 and S&P 100 companies over the coming weeks.

What's being contested

This score is not currently being contested.

Every challenge is published. We'd rather be corrected than wrong — that's the whole point.

No challenges submitted yet. If you have evidence that contradicts this score, you can challenge any question above — cite a public source and we'll review it.

About Legal & General

Legal & General is a UK-headquartered financial services and asset management company founded in 1836, employing over 9,300 people. It operates insurance, pension administration, and institutional investment management divisions, managing c.£1.4 trillion in assets. As a major institutional investor, its climate footprint is dominated by financed emissions rather than direct operations.

Founded
1836
Headquarters
London, GB
Employees
~11,000
Annual revenue
~£9.1B (2024 operating profit basis)
Company website ↗
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