Legal & General
Legal & General
Legal & General (L&G) provides a range of financial services, including investment management, lifetime mortgages, pensions, annuities and life assurance. With a score of 8.14, it comes in at number 13.
The brand idea and purpose, ‘Improving lives through inclusive capitalism’, is distinctive and serves as a great example of a purpose statement that is both relevant and authentic for a specific industry. L&G builds on ‘inclusive capitalism’ in its brand narrative and ‘Build Back Better’ sustainability strategy, which focuses on the business’s journey to net zero carbon, a better society and responsible business. We see opportunities in two key areas for L&G. The values ‘Ambition is vital’ and ‘Entrepreneurial spirit’ are distinctive but the third value, ‘Flexibility’, feels disconnected and vague. Having recently refreshed the brand, the brand personality feels somewhat disjointed as it reflects both the ‘old’ and ‘new’ L&G.
Strengths
Single-minded, overarching brand idea
Coherent brand narrative across business units
Clear ESG strategy driven by purpose
Opportunities
Authentic and ownable values
Distinct and engaging personality
Legal & General vs sector average, across 10 criteria
- Legal & General
- Sector average
Single-minded, overarching brand idea
10.03.9Coherent brand narrative across business units
10.03.6Clear and compelling purpose
7.53.7Clear ESG strategy driven by purpose
9.55.9Authentic and ownable values
6.04.0Distinct and engaging personality
7.04.0Tailored proposition and messaging for each stakeholder group
8.04.3Standout visual style
8.04.2Consistent use of brand identity
8.05.8Seamless digital brand experience
7.45.1