£2bn impact investment commitment by 2030 In October 2025, L&G committed to invest £2 billion in impact investment by 2030 to accelerate regional growth and regeneration across the UK, aiming to deliver c.10,500 new social and affordable homes and support c.24,000 jobs.
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£3m Health Equity Fund awarded to 43 initiatives L&G awarded £3 million through Health Equity Fund to support place-based initiatives tackling health inequality, including a £1 million trailblazer fund for the Northeast of England.
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D&I Council renamed to Inclusion & Wellbeing Council In 2025, L&G began evolving its approach from D&I to a broader Inclusion & Wellbeing (I&W) strategy. The Group D&I Council will be renamed the Group I&W Council in 2026, chaired by Group COO Katie Worgan.
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Divestiture of CALA Group affects pay gap comparability 2025 figures exclude CALA Group (Cala), the housing business divested in 2024, so pay gap figures are not directly comparable with previous years. Like-for-like, median gender bonus gap would have widened by 5.9%.
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Health & safety reporting expanded to global scope In 2025, health & safety statistics reflect all locations including those outside UK, whereas previous years only captured UK data. Comparisons with previous years are no longer directly meaningful.
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Whistleblowing line rebranded as Speak Up In 2025, L&G rebranded its whistleblowing line as Speak Up with a company-wide campaign and Claire Bousfield appointed as Speak Up Champion.
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Executive pay 30% linked to strategic priorities for 2026 awards For 2026 awards, climate commitments sit within a broader measure of progress against L&G's strategic priorities, weighted at 30%. For 2025 awards, 20% of plan tied to climate/nature commitments.
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Living Pensions employer accreditation L&G secured accreditation as a Living Pensions employer, helping employees save at levels that better support everyday needs in retirement.
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Refreshed Supplier Code of Conduct launched In December 2025, L&G launched a refreshed Supplier Code of Conduct covering business conduct, inclusion & wellbeing, human rights and modern slavery, environmental management, digital accessibility, prompt payment, real living wage, and social value.
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Sale of US protection and US PRT businesses to Meiji Yasuda completed On 7 February 2025 L&G announced agreement to sell its US insurance entity (US protection and US PRT) to Meiji Yasuda for $2.3bn. Completion occurred on 2 February 2026 for $2.6bn. Post-completion, L&G retains 80% of US PRT business via reinsurance. Business classified as held-for-sale and discontinued operations at 31 December 2025. Core operating profit restated to exclude non-retained US business.
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