Memberships, ESG ratings and commitments

We’ve signed up to the UN Global Compact, a voluntary initiative that encourages businesses to adopt sustainable and socially responsible practices, and report on their implementation. It’s based on the Ten Principles, covering human rights, labour, the environment and anti-corruption.

The Good Business Charter recognises organisations that follow responsible business practices. It measures 10 components, including fair pay, employee wellbeing, diversity and inclusion, and environmental responsibility.

We’re a member of BITC. Its members aim to create a fair and sustainable world in which to live and work. Founded in 1982, it’s the UK’s largest and longest-established membership organisation dedicated to responsible business.

As a Real Living Wage Employer and a member of the Living Wage Foundation, we’re committed to paying our people a fair and respectable wage.

As of January 2023, L&G received a C+ rating from ISS ESG Corporate Ratings, achieving Prime status. Its ratings give investors in-depth insight that helps them make sustainability part of their investment decisions.

In 2022, our FTSE4Good ESG score was 4.5, keeping us in the FTSE4Good Index Series. It’s designed to measure the performance of FTSE companies with strong ESG practices.

In January 2024, L&G received an ESG Risk Rating of 18.6 from Morningstar Sustainalytics. That places us at low risk of material financial impacts from ESG factors. In no event should you construe this information as investment advice or expert opinion, as defined by the applicable legislation.

This score converts an average of 1,000 data points per company to an S&P Global CSA score, which ranges from zero to 100. It reflects our performance against industry-specific ESG criteria.