Lincoln Financial Group Again Named One of America’s Most Responsible Companies
December 13 2022 - 10:00AM
Business Wire
Newsweek Magazine recognizes Lincoln’s
leadership in philanthropy, environmental sustainability and
overall good corporate citizenship
Lincoln Financial Group (NYSE: LNC) today announced it has been
named one of America’s Most Responsible Companies 2023 by Newsweek
Magazine. This year, the ranking focuses on a holistic view of
corporate responsibility that considers all three pillars of
Environment, Social and Governance (ESG).
“At Lincoln, we pride ourselves on being great corporate
citizens, and continuously look for ways to enhance our corporate
social responsibility (CSR) and ESG efforts,” 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.”
Newsweek, in partnership with research organization Statista,
Inc., selected the honorees based on publicly available key
performance indicators derived from CSR and sustainability reports.
Additionally, an independent survey asked U.S. citizens about their
perception of company activities related to CSR. The final list
recognizes the top 500 most responsible companies in the U.S.,
spanning 14 industries.
This past year, Lincoln Financial 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. The Foundation contributed about $9.5 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 its Employee Activities
Committees. Lincoln is also committed to making progress on
reducing energy use and greenhouse gas emissions, increasing its
use of digital documentation and continuing to set ambitious goals
and benchmarks.
The company also recently announced its partnership with
minority-owned boutique asset management firm Channing Capital
Management, LLC. In addition, Lincoln is a founding partner for
“360 Community Capital,” with The American Council of Life
Insurers, designed to bring affordable housing to underserved
communities.
In addition to America’s Most Responsible Companies, Lincoln has
also been named to Newsweek’s list of Most Trustworthy Companies
2023. For 21 consecutive years, Lincoln has been recognized as a
constituent of the FTSE4Good Index Series for exceeding corporate
ethical, environmental and social responsibility standards. Lincoln
has also been included on major sustainability indices, including
the prestigious Dow Jones Sustainability Index (DJSI) North
America.
“We are continuously growing and expanding our ESG performance,
with an emphasis on the environment, our social impact and through
corporate governance,” said Amber Williams, Chief Sustainability
Officer. “Every single action we take has an impact in these areas,
and we know we have a responsibility to make sure that impact is
positive.”
Read more about Lincoln Financial’s strategy, actions and
achievements in the areas of corporate philanthropy, environmental
sustainability and responsible business practices in the 2021
Corporate Responsibility Report: Building blocks for a successful
future.
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, 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 $270 billion in end-of-period account values as of
September 30, 2022. Lincoln Financial Group is a committed
corporate citizen included on major sustainability indices
including the Dow Jones Sustainability Index North America and
FTSE4Good 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
2022 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. Learn more at: www.LincolnFinancial.com. Follow us on
Facebook, Twitter, LinkedIn, and Instagram. Sign up for email
alerts at http://newsroom.lfg.com.
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Lauren Holloway Lauren.Holloway@lfg.com
Julie Costa Julianne.Costa@lfg.com
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