Environmental data

As a leading financial services group, our activities require the use of natural resources that produce waste and emissions. These are produced directly from our business operations and indirectly through our supply chain. We are committed to finding innovative ways of reducing our impact as a business on the environment. The Group Environment Committee is responsible for this strategy across the Group.

As responsible company, we have a role to play in positively influencing the environmental behaviour and practices of our customers, suppliers, employees and business partners.

 We address climate change in a number of ways

  • Reducing our own direct emissions in our buildings and the ways in which we travel
  • Reducing the environmental footprint of our commercial property portfolio
  • Investing our own profit directly into UK and US Renewables and reducing the carbon intensity of traded assets
  • Providing financial solutions for clients to decarbonise their money
  • Helping customers in education and product design to adapt to climate change in protecting their home and their health

We operate a 14001 certified environmental systems.

This is an internationally agreed standard that sets out the requirements for an environmental management system. It helps us improve our environmental performance through more efficient use of resources and reduction of waste.

This section explains our own resource usage as a company and is designed to provide you with data to analyse our business. If you have further questions please contact graham.precey@landg.com.

Paper & Biodiversity

Unit

2012

2013

2014

2015

2016

UK paper purchased

tonnes

2,768

3,201

2,801

3,183

2,939

Paper purchased per UK policy

kgs

0.38

0.36

0.30

0.34

0.30

Paper purchased per UK employee

kgs

374.05

432.92

387.84

412.36

428.30

Overseas paper purchased

tonnes

n/a

88.25

54.00

104.00

95.89

Paper purchased per overseas policy

kgs

n/a

0.06

0.04

0.07

0.07

Paper purchased per overseas employee

kgs

n/a

85.68

53.57

114.16

144.41

No. of occupied sites with biodiversity action plan

No.

2

2

2

3

3

Travel

Unit

2012/13

2013

2014

2015

2016

*

Includes business travel in our overseas businesses in America & Netherlands

UK Car based business mileage

miles

6,409,907

6,397,657

5,676,115

5,032,220

4,670,765

UK Car based business miles per policy

miles

0.84

0.72

0.61

0.54

0.48

UK Car based business miles per employee

miles

n/a

865

786

652

681

Average CO2 rating of UK fleet vehicles

g/km

123

121

115

112

109

Overseas car based business mileage*

miles

1,573,607

859,423

1,144,207

1,061,981

744,864

Overseas car based business miles per policy*

miles

n/a

0.66

0.88

0.75

0.53

Overseas car based business miles per employee*

miles

1,560

834

1,135

1,166

1,122

How we move around has an impact not only on our staffs health and wellbeing, but also on how much carbon we contribute to the atmosphere. Different ways of 'getting around' affect the environment and us in different ways.  In order to ensure that we reduce the environmental impact from our transport and to ensure the health and wellbeing of our staff we have undertaken a number of key activities which include; promotion of cycling, walking and car sharing and their benefits, as well as techonology initiatives. 

Water

Unit

2012/13

2013

2014

2015

2016

1

Metered and estimated water from UK , US and Netherlands occupied buildings.

2

Grey water is only used at our Hove office.

Metered1

CuM

50,506

53,602

51,917

45,311

43,212

Estimated total (metered+estimated)1

CuM

54,556

64,486

58,302

54,486

49,183

Total water (metered+estimated) per employee1

CuM

6.91

7.66

6.16

6.31

6.54

Total water (metered+estimated) per policy1

CuM

n/a

5.28

4.87

4.20

3.90

Water Recycled and Reuse2

m3

n/a

1,362

1,446

1,102

1,098

Water Usage: We have seen a 20% reduction in office water consumption per policy from our baseline year 2013

Carbon Dioxide (CO2e)

Unit

2012/13

2013

2014

2015

2016

*

Total CO2e emissions data is based on occupied properties, Real Asset investments, Legal & General Homes (factory under development), Overseas property emissions (America and Netherlands) and UK travel emissions. Calculated following the GHG reporting protocol and emission factors from UK Government’s GHG Conversion Factors for Company Reporting 2016.

**

100% of occupied property and Investment Property electricity supply is under a renewable energy tariff.

***

Includes US & Netherlands

CO2e Total Group Emissions (Scope 1,2,3)*

tonnes

39,294

38,420

38,036

54,162

50,381

CO2e Scope 2 renewable energy**

tonnes

n/a

21,002

21,227

38,219

32,884

CO2e Scope 1 & 2 non-renewable energy

tonnes

n/a

12,825

12,241

12,196

13,134

CO2e Scope 3 - business travel

tonnes

n/a

4,885

4,567

3,747

4,363

CO2e UK occupied properties

tonnes

n/a

10,521

10,623

10,170

8,522

CO2e UK occupied properties per employee

tonnes

1.51

1.42

1.47

1.32

1.24

CO2e UK occupied properties per policy

kgs

1.95

1.19

1.14

1.09

0.88

CO2e UK employee business travel

tonnes

2,986

3,840

3,847

3,308

3,764

CO2e UK occupied properties and business travel

tonnes

13.1176

14,362

14,471

13,478

12,286

CO2e per UK employee

tonnes

1.956

1.94

2.00

1.75

1.79

CO2e per UK Policy

kgs

1.626

1.62

1.56

1.44

1.27

CO2e Overseas properties***

tonnes

1,884

1,446

1,538

1,496

1,506

CO2e Overseas employee business travel

tonnes

n/a

753.13

720.41

438.97

599.06

CO2e per overseas employees

tonnes

1.87

1.40

2.30

2.12

3.17

CO2e per overseas policies

kgs

1.85

1.12

1.70

1.37

1.50

Fugitive emissions

tonnes

n/a

571.24

768.73

877.60

1812.66

Total carbon in our business has gone from 38,420 to 50,381 tonnes CO2e since 2013. This reflects the growth in buying more commercial properties in our Real Assets business and including more then just the normal disclosures required under the Carbon Reduction Commitment.

Once we own an asset we then work hard to get its carbon emissions down through our ownership. This principle applies to both our offices and  our commercial property investments.  Our group operational carbon has reduced from 1.6kg CO2e/policy to 1.3 kg CO2e/per customer policy from 2013 to 2016 period showing that as we take on more retail customers the amount of energy we are using per policy is reducing and we are becoming more efficient.

Energy used to run our L&G occupied buildings

Unit

2012

2013

2014

2015

2016

*

UK occupied properties

**

Includes overseas properties US and Netherlands

***

Solar energy Netherlands

Electricity (UK)*

MWh

19,623

20,755

19,211

18,980

18,063

Gas (UK)*

MWh

6,557

6,930

6,100

5,929

5,866

Total UK energy use*

MWh

26,180

27,685

25,311

24,909

23,929

Energy per UK employee*

MWh

3.90

3.74

3.50

3.23

3.49

Energy per UK policy*

KWh

3.41

3.13

2.72

2.66

2.47

Overseas electricity use**

MWh

3,421

3,060

3,359

3,299

2,923

Overseas gas use**

MWh

625

428

473

450

358

Self generated energy***

MWh

 

 

 

 

31

Total Overseas energy use**

MWh

4,046

3,489

3,832

3,749

3,312

Energy use per overseas employee**

MWh

4.01

3.39

3.80

4.12

4.99

Energy use per overseas policy**

KWh

 

2.69

2.80

2.65

2.36

Carbon and Energy Usage:  We continue to procure electricity for all our large occupied offices and our commercial property portfolio on a renewable tariff.

Waste

Unit

2012/13

2013

2014

2015

2016

*

Please note scope has increased to include our new L&G Homes factory in Leeds (which is currently under development)

**

Includes overseas properties US and Netherlands

Total UK waste*

tonnes

1,027

949.57

898.81

920,72

991

Total waste per UK policy*

grams

134

107

96.73

98.33

102.49

Total waste per UK employee*

tonnes

n/a

0.13

0.12

0.12

0.14

Direct to landfill (UK)*

%

18.0%

16.5%

13.0%

6.3%

4.0%

Waste to landfill per UK employee *

kgs

29

23.0

16.1

7.5

4.1

Waste to landfill per UK policy*

grams

n/a

16.7

12.5

6.2

5.8

Total Overseas waste**

tonnes

n/a

81.37

91.8

92.2

70.4

Total waste per Overseas policy**

grams

n/a

62.85

70.20

65.24

50.10

Total waste per Overseas employee**

tonnes

n/a

0.08

0.08

0.10

0.11

Waste: During 2016 our total UK waste increased by 4% based on our 2013 baseline.  This is a result of our location strategy where we have decided to exit our largest property, our facility in Kingswood, Surrey.  Whilst this has had an initial negative impact on our waste volumes (+4%) in the longer term it is expected to generate the following savings; 

  • over 2,000 tonnes CO2e per annum
  • approx. 200 tonnes waste per annum
  • over 13,000m3 water per annum

In an effort to ensure that environmental impacts are considered throughout the exit strategy we have sought to redeploy equipment where appropriate.  For example we have transferred furniture to other locations and have offered our staff the opportunity to reuse some of our furniture in exchange for a donation to charity and to date we have raised over £4,000 and rehoused over 100 chairs, 14 desks/tables and 24 storage units.  This is also saved over six tonnes from being disposed of.

We continue to seek ways of reducing the waste we generate and held a zero waste week where we encouraged staff to reduce waste generation.  With the support of our staff we have been able to reduce printing across the business by close to 10% in 2016 compared to 2015