Lincoln Financial Group Again Named One of America’s Most Responsible Companies

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Lincoln Financial Group (LNC) has been recognized as one of America’s Most Responsible Companies 2024 by Newsweek Magazine. This ranking is based on a holistic view of corporate responsibility, considering all three pillars of Environment, Social, and Governance (ESG). The selection process involved more than 30 key performance indicators (KPIs) derived from Corporate Social Responsibility (CSR) and sustainability reports, as well as an independent survey of 17,000 U.S. citizens. The final list includes the top 600 most responsible companies in the United States across 14 industries. Lincoln Financial's Chief Diversity Officer and President, Allison Green Johnson, emphasized the company's commitment to innovative thinking and diversity to enhance its CSR and ESG efforts.

Newsweek Magazine recognizes Lincoln’s leadership in philanthropy, environmental sustainability and overall good corporate citizenship

RADNOR, Pa.--(BUSINESS WIRE)-- Lincoln Financial Group (NYSE: LNC) today announced it has been named one of America’s Most Responsible Companies 2024 by Newsweek Magazine. The ranking focuses on a holistic view of corporate responsibility that considers all three pillars of Environment, Social and Governance (ESG).

Newsweek, in partnership with research organization Statista, Inc., selected the honorees based on more than 30 publicly available key performance indicators (KPIs) derived from Corporate Social Responsibility (CSR) and sustainability reports. Additionally, an independent survey asked 17,000 U.S. citizens to select companies familiar to them and to evaluate those companies CSR performance in general and in three subdimensions: social, environmental and governance. The final list recognizes the top 600 most responsible companies in the United States, spanning 14 industries.

“At Lincoln, we continuously explore innovative ways of thinking, tapping into diverse backgrounds and new ideas, to help enhance our CSR and ESG efforts to generate a real impact,” said Allison Green Johnson, Chief Diversity Officer and President, Lincoln Financial Foundation. “This award is a testament to the strong strategy we have in place and the impact we are making in our workplace, marketplace and communities.”

Lincoln Financial has continued to enhance its focus on improving peoples’ lives in the communities it serves and protecting the environment through the work of the Lincoln Financial Foundation. In 2023, Lincoln Financial made charitable contributions exceeding $9.5 million, with approximately 300 partners reaching more than 1.5 million people. In addition, Lincoln employees continued to coordinate local giving in the company’s main locations through its Employee Activities Committees.

Lincoln also continues to make progress on reducing energy use and greenhouse gas emissions, achieving the company’s 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. In 2022, Lincoln helped reduce paper purchase by 21%, adopting a digital-first model by encouraging business lines to use digital versions of new marketing materials and event agendas to limit printing.

“Lincoln’s commitment to making a positive impact for people and the planet is more compelling than ever,” said Amber Williams, Chief Sustainability Officer, Lincoln Financial Group. “Every day, we are moving closer to this commitment by integrating our ESG performance in everything we do and holding ourselves accountable to being more than just a business.”

In addition to America’s Most Responsible Companies, Lincoln has also been named to Newsweek’s list of Most Trustworthy Companies 2024 for the second year in a row. Lincoln has also been included on major sustainability indices, including the prestigious Dow Jones Sustainability Index (DJSI) North America.

Read more about Lincoln’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 provides advice and solutions that help people take charge of their financial lives with confidence and optimism. As of December 31, 2022, approximately 16 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, and guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $299.2 billion in end-of-period account balances, net of reinsurance as of June 30, 2023. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and ranks among Newsweek’s Most Responsible Companies. Dedicated to diversity, equity and inclusion, we are included on transparency benchmarking tools such as the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Committed to providing our employees with flexible work arrangements, we were named to FlexJobs’ list of the Top 100 Companies to Watch for Remote Jobs in 2022. With a long and rich legacy of acting ethically, telling the truth and speaking up for what is right, Lincoln was recognized as one of Ethisphere’s 2023 World’s Most Ethical Companies^®. We create opportunities for early career talent through our intern development program, which ranks among WayUp and Yello’s annual list of Top 100 Internship Programs.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240109069210/en/

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Lincoln Financial Group

Lauren Holloway

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Julie Ferrante

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Source: Lincoln Financial Group

FAQ

What is the significance of Lincoln Financial Group being recognized as one of America’s Most Responsible Companies 2024 by Newsweek Magazine?

Lincoln Financial Group (LNC) being recognized as one of America’s Most Responsible Companies 2024 by Newsweek Magazine signifies the company's strong commitment to corporate responsibility, including environmental sustainability, social impact, and good governance practices.

How was the ranking for America’s Most Responsible Companies 2024 determined?

The ranking for America’s Most Responsible Companies 2024 was determined based on a holistic view of corporate responsibility, considering Environment, Social, and Governance (ESG) factors. The selection process involved more than 30 key performance indicators (KPIs) derived from Corporate Social Responsibility (CSR) and sustainability reports, as well as an independent survey of 17,000 U.S. citizens.

What is the impact of this recognition on Lincoln Financial Group's market position and reputation?

The recognition as one of America’s Most Responsible Companies 2024 by Newsweek Magazine can positively impact Lincoln Financial Group's market position and reputation, as it demonstrates the company's commitment to responsible business practices and corporate citizenship.