Legal & General is a UK-headquartered financial services and asset management company founded in 1836, employing over 9,300 people.
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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.'
Legal & General scores 34/100 (Below expectations) on SINK's independent climate assessment, scored from public data only. Fees pay for the review, never the result. Last verified May 2026.
That places Legal & General joint 505th of 847 companies scored, and joint 25th of 51 in Financial Services / Banking.
Where Legal & General sits among financial services / banking peers.
Among the 51 major financial services / banking brands we've scored, Legal & General is tied =25th of 51, with 5 others.
Its three lowest-scoring questions, and what the evidence didn't show.
No published waste diversion rates, circular economy commitments, or verified recycling data identified.
No water consumption, footprint assessment, or stewardship programme identified across Climate and Nature Reports or ESG disclosures.
Investment portfolio tracked via intensity metric only (56 tCO2e/£m in 2023, down from 62 in 2022), not absolute financed tonnes.
A score changes when the evidence does. We use new published evidence at the next rescore. Evidence that isn't public can count through an evidence review.
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Get in touch →Strongest on Transparency & Accountability and Carbon Footprint — Operations (7/10, 6/10). Weakest on Resource Use & Waste and Water Impact (3/10, 3/10).
The 3 companies in the sector scoring nearest above Legal & General.
Revolut measures emissions but publishes no absolute figures, sets no targets, and discloses no trajectory despite rapid growth doubling headcount and revenue.
See the breakdown →3i operates rigorous operational emissions reporting with third-party assurance, but exposes a critical gap: no absolute financed emissions disclosure for a £38.7bn PE portfolio.
See the breakdown →M&G manages £375.9B in assets while holding £1.5B in coal exposure and material fossil-fuel investments.
See the breakdown →Legal & General's score has moved from 46 to 34 across 2 recorded reviews, down 12 points.
v2.5.7 financed-emissions rule applied retroactively (record last scored before the rule): scale 0.95 -> 0.7, score 46 -> 34. No question marks changed.
Initial score at platform launch
The formula and all 10 sources.
Same ten questions for every company. No private weighting.
SINK = (0.3 × Base + 0.7 × Performance) × Scale10 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.
If you believe a source has been misread or a newer version exists, submit a challenge.
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.
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