Newsweek Magazine recognizes Lincoln’s leadership in philanthropy, environmental sustainability and overall good corporate citizenship
RADNOR, Pa., December 4, 2020 – Lincoln Financial Group (NYSE: LNC) today announced it has been named one of America’s Most Responsible Companies 2021 by Newsweek Magazine. This is the second year the rankings include Lincoln’s strong corporate citizenship and transparent reporting practices.
“At Lincoln, we are dedicated to building vital communities through philanthropy, protecting the environment through sustainable business practices, and operating with transparency and responsibility,” said Nancy Rogers, SVP, Corporate Responsibility and Sustainability. “We are extremely proud to be recognized for our efforts by Newsweek Magazine. Every action has an impact on the environment, and we each have a responsibility to make sure that impact is positive.”
Newsweek, in partnership with research organization Statista, developed the list of America’s Most Responsible companies through an analysis of 2,000 publicly traded companies. The four-phase vetting process included an independent survey among 6,500 U.S. citizens and research based on publicly available key performance indicators derived from CSR Reports, Sustainability Reports, and Corporate Citizenship Reports. The detailed analysis covered three areas of corporate responsibility: environmental, social and corporate governance.
This past year, Lincoln has continued their focus on improving lives, communities and the environment, through the work of the Lincoln Financial Foundation. The foundation contributes roughly 9 million per year to nonprofit organizations in its communities. In addition, Lincoln employees continued to coordinate local giving in the company’s main locations through Employee Activities Committees in a virtual capacity. Lincoln also continues to make progress on reducing energy use and greenhouse gas emissions, reducing electricity consumption by 17.68% at its Greensboro location, exceeding the 2020 goal of a 10% reduction, and setting a new goal of an overall 35% reduction by 2022.
In addition to America’s Most Responsible Companies, Lincoln has recently been named for the fifth consecutive year to the prestigious Dow Jones Sustainability Index (DJSI) North America. The index recognizes companies that demonstrate leadership in environmental, social and governance performance. In addition, Lincoln has continually been recognized as a constituent of the FTSE4Good Index Series.
Read more about Lincoln Financial’s strategy, actions and achievements in the areas of corporate philanthropy, environmental sustainability and responsible business practices in the 2019 Corporate Social Responsibility report, The power of action: Louder than words.
About Lincoln Financial Group
Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism. Today, more than 17 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 $281 billion in end-of-period account values as of September 30, 2020. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index, and rank among Forbes’ World’s Best Employers, Best Large Employers, Best Employers for Diversity, and Best Employers for Women, and Newsweek’s Most Responsible Companies. Learn more at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com.