Lincoln National

Lincoln National assigns decision-making and oversight responsibility for its sustainability strategy to the highest governance body, with implementation delegated to specific functions, teams, or committees. Moreover, the institution discloses its lobbying expenditures and provides a list of the trade associations it is a member of.

The institution actively monitors its Scope 1-2 emissions to manage its environmental impact. Lincoln National has a publicly available policy statement requiring its suppliers to respect ILO core labour rights.

Lincoln National has a materiality assessment which is disclosed every three years to identify ESG topics, but there is no evidence of objective criteria for impact identification. Recommendations include disclosing third-party assurance of target reporting and linking senior executive remuneration to sustainability targets. The lobbying policy is disclosed, but there is no commitment to avoid adverse sustainability impacts. Furthermore, Lincoln National should require third-party lobbyists to comply with its lobbying and political engagement policy. Recommendations include monitoring scope 3 categories, detailing footprint calculation methodology, establishing a transition plan and ensuring scope 1-3 emissions align with interim targets. The institution should disclose processes to avoid divestment from low-income countries, include risks associated with ILO rights in risk assessments, and mitigate identified risks. Additionally, it should identify social risks related to the net zero transition and provide examples of actions taken on salient human rights issues from assessments in the last three years.

This scorecard refers to information in English which was publicly available by July 15 2024. AuM and Total assets are stated in USD for comparability and have been calculated based on reported local currency values multiplied by applicable IMF currency converter values.