Index recognizes the company’s continued commitment to corporate responsibility and sustainability.
RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) today announced that the company has been named to the prestigious Dow Jones Sustainability Index (DJSI) North America for the eighth consecutive year by the S&P Global Corporate Sustainability Assessment (CSA). This index recognizes companies demonstrating leadership in environmental, social and governance (ESG) performance and signifies Lincoln Financial’s continued commitment to corporate responsibility and sustainability.
More than 13,000 companies are invited to participate in the CSA every year, but only 3,500 of the largest companies globally are eligible for inclusion on any DJSI. It tracks the performance of the top 20% of the 600 largest North American companies in the S&P Global Broad Market Index that led in the field in terms of sustainability. This year, Lincoln Financial ranked in the top quartile among North American insurance companies in several categories in the assessment, including Risk and Crisis Management, Business Ethics, Transparency and Reporting and Privacy Protection.
“We are so proud to be recognized by the prestigious Dow Jones Sustainability Index for North America for the eighth consecutive year,” said Amber Williams, Chief Sustainability Officer, Lincoln Financial Group. “At Lincoln, sustainability has been anchored into our strategy for decades. We continue to help Americans attain financial security while doing our part to make a positive impact for people and the planet.”
Lincoln remains committed to continuously evolving the quality and scope of its reporting. In 2022, the company achieved its targets on Scope 1 and Scope 2 emissions and made significant progress on expanding Scope 3 emissions reporting and calculations on categories with readily available emissions data. Lincoln also recently became a proud member of the United Nations-supported Principles for Responsible Investments (UN PRI), pledging to incorporate the UN PRI’s six principles for responsible investment into our investment and management practices to foster a more sustainable global economy.
Initially launched in 1999, the Dow Jones Sustainability Indices (DJSI) comprises the most widely recognized global sustainability indices. Created jointly by S&P Dow Jones Indices and SAM, the DJSI combines the experience of an established index provider with the expertise of a specialist in Sustainable Investing to select the most sustainable companies from across 61 industries. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios and provide an effective engagement platform for investors who wish to encourage companies to improve their corporate sustainability practices.
Read more about Lincoln Financial’s strategy, actions and achievements in the areas of corporate philanthropy, environmental sustainability and responsible business practices in the 2022 Corporate Responsibility Report: In this together.
About Lincoln Financial Group
Lincoln Financial Group helps people to plan, protect and retire with confidence. As of Dec. 31, 2022, approximately 16 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. As of September 30, 2023, the company had $290 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.
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