Legal and General Group — full event log
Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.
← back to Data by year2025· 28 events
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.
sustainability_report p.23
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.
sustainability_report p.22
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.
sustainability_report p.40
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%.
sustainability_report p.42
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.
sustainability_report p.47
In 2025, L&G rebranded its whistleblowing line as Speak Up with a company-wide campaign and Claire Bousfield appointed as Speak Up Champion.
sustainability_report p.36
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.
sustainability_report p.7
L&G secured accreditation as a Living Pensions employer, helping employees save at levels that better support everyday needs in retirement.
sustainability_report p.3
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.
sustainability_report p.34
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.
sustainability_report p.136
L&G acquired a 75% equity interest in Proprium Capital Partners LLC, a global real estate investor, for £32m total consideration (£30m cash + £2m contingent). Goodwill of £24m recognised. A put option over remaining 25% stake recognised as £95m financial liability. Transaction expands private markets platform into Europe and Asia-Pacific.
sustainability_report p.213
Following classification of US protection and US PRT as discontinued operations, comparative information was re-presented. Core operating profit for 2024 decreased by £82m (from £1,616m to £1,534m); core operating EPS for 2024 decreased by 1.03pps (from 20.23pps to 19.20pps). Non-retained US business now excluded from core operating profit definition.
sustainability_report p.136
The methodology for calculating Solvency II operational surplus generation was updated such that TMTP amortisation is now reflected as an operating variance rather than within OSG. Comparative 2024 figure re-presented accordingly from £1,544m to £1,461m.
sustainability_report p.250
L&G has set a science-based target for net zero Scope 1 and 2 GHG emissions by 2050, with an absolute reduction of 42% by 2030 from a 2021 base year, in line with SBTi guidance. The target baseline is annually reviewed to reflect business and portfolio changes.
sustainability_report p.31
L&G has set a target for net zero asset portfolio aligned with a 1.5°C Paris objective, with a 50% reduction in GHG emission intensity by 2030 from a 2019 base year. As asset manager, targeting 100% of AUM in alignment with net zero by 2050, and 70% of AUM by 2030.
sustainability_report p.31
Deloitte provided independent limited assurance on total Scope 1, Scope 2 (location and market), Scope 3 category 6 (business travel), category 7 (homeworking), category 8 (upstream leased assets) and category 15 (investments) emissions. Basis of preparation and assurance report available in 2025 Climate and nature report.
sustainability_report p.35
L&G is decarbonising its operations by eliminating gas use across its property portfolio, targeting phase-out of all landlord gas by 2030. In 2025, One Piccadilly Gardens in Manchester was fully electrified with air and water source heat pumps, delivering projected savings of 110 tCO2e annually and improving the EPC rating from D to B. The Group manages its business in accordance with ISO 14001 certification and applies an SBTi-aligned target of 42% absolute reduction in Scope 1 and 2 by 2030 from a 2021 base.
sustainability_report p.28
As asset owner, L&G targets a 50% reduction in investment portfolio GHG emission intensity by 2030 from a 2019 base year, aligned with the 1.5°C Paris objective. The Group deploys portfolio decarbonisation targets, integrates carbon controls into investment processes through stock exclusions and high-carbon escalation, and engages with investee companies. In 2025, investment portfolio economic GHG emission intensity was 51 tCO2e/£m, broadly in line with the decarbonisation trajectory.
sustainability_report p.31
L&G's Asset Management business targets 100% of AUM in alignment with net zero by 2050 and 70% of AUM by 2030. The Climate Impact Pledge (CIP) covers 56% of corporate securities by value and 80% of carbon emissions attributable to corporate and equity holdings. In 2025, 80% of AUM was aligned with the CIP. The Group drives greater action on financially material climate and nature risks in the real economy consistent with fiduciary duty, and works with industry bodies to develop approaches to climate investing and net zero targets.
sustainability_report p.25
L&G targets 80% of suppliers (by spend) to have set a science-based carbon reduction target by end of 2026. By end of 2025, this had increased from 68% to 76%. The Group's procurement framework integrates sustainability criteria into sourcing decisions, including weighted criteria in the preferred supplier process. In 2025, L&G hosted its inaugural Supplier Sustainability Summit with top 50 suppliers.
sustainability_report p.37
L&G invests in homes and commercial properties with the aim of enabling net zero carbon in operation, targeting enhanced returns from net zero-enabling properties. The Life and Mind Building in Oxford (£200m, opened 2025) holds a BREEAM Excellent rating and incorporates low-carbon technologies to achieve net zero carbon in operation by 2030. L&G's Future World Infrastructure fund targets a 50% initial reduction in carbon intensity. The Group also conducts physical risk assessments and integrates climate resilience into investment due diligence.
sustainability_report p.19
L&G launched the Pudding Wood project, a 155-hectare forestry and habitat creation site near Gatwick Airport, designed to sequester approximately 25,000 high-integrity carbon credits and plant up to 140,000 native trees. The project serves as a test case for high-quality carbon removals to support L&G's net zero ambitions, and is intended to demonstrate how nature-based solutions can be scaled across the UK to address climate change and nature loss.
sustainability_report p.9
L&G completed the final close of the L&G NTR Clean Power (Europe) III Fund with total commitments of over €600 million, investing in clean power infrastructure across Europe with potential to generate 1,631 GWh of clean energy annually. L&G also made a $50 million investment in Landsvirkjun to expand access to high-quality renewable energy assets. The Managed Property Fund is increasing utilisation of renewable energy sources through electrification projects. L&G's operations in Manchester moved to all-electric technology as part of the drive to phase out landlord gas.
sustainability_report p.67
L&G commits to reducing energy usage in line with its journey to net zero and sourcing energy from renewable sources. Specific targets supporting this commitment include those approved by the Science Based Targets initiative (SBTi).
sustainability_report p.2
L&G will use hybrid working practices and technology to actively reduce the business miles travelled, in line with its net zero commitment.
sustainability_report p.2
L&G commits to protecting natural resources through implementation of sustainable procurement principles throughout its supply chain, and seeks to exert influence on indirect environmental impacts from procurement of goods and services.
sustainability_report p.2
L&G seeks to understand and shape the biodiversity impacts of its investments, and to exert influence on indirect environmental impacts resulting from investment decisions — relevant to financed emissions (Scope 3 Cat 15).
sustainability_report p.3
L&G aims to minimise and design out waste through careful implementation of circular economy principles across its operations and the spaces it creates and occupies.
sustainability_report p.2
2024· 6 events
L&G sold its housebuilding subsidiary Cala Homes Ltd during 2024. As at September 2024, Cala employed 1,309 people. The sale reduced overall headcount from prior year levels. Cala remains in scope of gender pay gap reporting as it was owned at the 5 April 2024 snapshot date.
sustainability_report p.59
In 2024, L&G launched its first procurement sustainability strategy, focusing on modern slavery, living wage, and carbon emissions and science-based carbon reduction targets. The Group Procurement team was trained on these topics and began reviewing data collection and management to improve reporting.
sustainability_report p.48
L&G launched a new Affordable Housing Fund in 2024 to speed up delivery of affordable housing across England. The fund pipeline consists of new-build, energy-efficient stock with >95% having an EPC rating B or higher, aligned with L&G's commitment to achieve net zero by 2050.
sustainability_report p.23
In 2024, L&G reset its Group strategic objectives and refreshed its statement of purpose to 'Investing for the long term. Our futures depend on it.' New strategic priorities of Sustainable Growth, Sharper Focus, and Enhanced Returns were set alongside a new set of employee behaviours.
sustainability_report p.5
Deloitte LLP provided independent limited assurance (ISAE 3000) over four selected metrics: gender representation (48.8%), ethnicity representation (17.7%), median gender pay gap (28.0%), and median ethnicity pay gap (-28.2%). Report dated 11 March 2025.
sustainability_report p.69
L&G announced a new £3 million Health Equity Fund in partnership with Sir Michael Marmot and UCL Institute of Health Equity to award grants to place-based not-for-profit projects across the UK, with £1 million as a trailblazer fund for the Northeast of England.
sustainability_report p.26