en.Wedoany.com Reported - Legal & General (L&G) has partnered with the National Trust to source carbon credits from a portfolio of existing and newly created biodiversity woodlands in the UK, aiming to accelerate decarbonization and invest in natural initiatives.
The United Nations Development Programme (UNDP) defines carbon credits as those generated through activities that reduce or remove greenhouse gas emissions.
This partnership supports L&G and the National Trust's commitment to protecting and restoring biodiversity and ecosystems. L&G has a long-standing relationship with the National Trust, spanning from renewable energy to nature-based carbon credits, with the collaboration aimed at achieving long-term positive impact. L&G employees will also have opportunities to volunteer with the National Trust to increase their connection with nature.
"This partnership involves long-term investment in nature restoration," said Carl Moxley, Group Climate Director at L&G. "It secures high-quality nature-based carbon credits from a trusted organization. We are delighted to support the National Trust in delivering its 'Thriving People, Thriving Nature' strategy, demonstrating how businesses can work together for the benefit of society."
The National Trust is Europe's largest conservation charity, caring for many of the UK's treasured landscapes, coastlines, and historic sites. Climate change increasingly threatens its sites through risks such as flooding, erosion, drought, and wildfires. The Trust has committed to ambitious climate action through its Climate Action Transformation Plan. This plan outlines a path to achieving net-zero emissions by 2030, including reducing operational emissions, expanding carbon capture through afforestation and peatland restoration, enhancing the resilience of buildings and landscapes, and collaborating with partners to accelerate nature recovery.
"When we say 'for everyone, for ever,' we mean it deeply," said Hilary McGrady, Director General of the National Trust. "Climate change is fundamental to our mission and will be the defining challenge for decades and centuries to come."
This collaborative approach is reflected in L&G's broader investment in nature-based climate solutions, including its woodland carbon partnership with the South Downs National Park. Through long-term investment in afforestation and high-integrity carbon credits, L&G is helping to unlock large-scale habitat restoration, enhance biodiversity, and support landowners in achieving environmental outcomes. Initiatives like this collectively demonstrate how conservation organizations and private sector partners can combine expertise and investment to protect natural heritage, tackle climate change, and create lasting benefits for people and nature.
L&G has made climate action one of its six strategic growth drivers, committing to achieving net-zero emissions by 2050 in support of UK climate targets and the Paris Agreement. Through its Climate Transition Plan, the company focuses on three pillars: investment, impact, and operations. It is integrating climate considerations into its investment portfolio, setting interim targets to reduce the carbon intensity of its proprietary assets by 18.5% by 2025 and 50% by 2030, while leveraging its position as a major asset manager to encourage businesses to align with a 1.5°C net-zero pathway. Beyond decarbonizing its own operations, including a commitment to achieving net-zero emissions for core offices and business travel by 2030, L&G continues to invest in renewable energy, net-zero ready housing, and emerging clean technologies such as offshore wind, ground source heat pumps, electric vehicle infrastructure, and solar power.
The company also recognizes the critical role of nature in addressing climate change, supporting biodiversity research through partnerships with organizations such as Wakehurst and the Royal Botanic Gardens, Kew, including the "Buzz About Trees" project, which uses bioacoustic monitoring to identify bee-friendly tree species.
Furthermore, L&G is developing large-scale nature-based solutions through projects like Pudding Wood, which planted 140,000 trees to create new woodlands, restore habitats, capture approximately 25,000 tonnes of carbon over their lifetime, and enhance resilience for local wildlife and communities.
Alongside initiatives like the partnership with the National Trust and other conservation organizations, these actions demonstrate L&G's commitment to combining long-term investment with environmental stewardship to accelerate the transition to a low-carbon, nature-positive future.
