Skip to content
Fraud Detection + AI Compliance Demo Day ⚡ Free Virtual Event, Wed. Oct 28 Register now »
  • MyNewMarkets.com
  • Claims Journal
  • Insurance Journal TV
  • Academy of Insurance
  • Carrier Management
Insurance Journal - Property Casualty Industry News

Featured Stories

  • FEMA Starts Online Option for Flood Insurance
  • Insurance M&A Down 27% in Q3 2026: OPTIS
  • Articles
  • Jobs
  • Markets

Current Magazine

current magazine
  • Read Online
  • Subscribe
  • Login
  • Front Page
    • National
    • International
    • Most Popular
    • Magazine
    • Forums
    • Blogs
    • Videos/Podcasts
    • Newsletters
  • News
    • Most Popular
    • National
    • International
    • East
    • Midwest
    • South Central
    • Southeast
    • West
  • Magazines
  • Research
  • Directories
  • Jobs
  • Features
    • Events
    • Forums
    • Market Directories
    • Quotes
    • Polls
    • Rankings & Awards
    • Insurance Giving Back
  • Subscribe

Legal & General Says Meta Isn’t Doing Enough to Keep AI Clean

By Alastair Marsh and Tim Quinson | August 26, 2026
Email This Subscribe to Newsletter
  • Article
  • 0 Comments

As the world’s hyperscalers throw vast sums of money into the infrastructure needed for AI, some of their investors are voicing concerns over the potential environmental sacrifices being made in the process.

The asset-management unit of Legal & General Group Plc, which oversees roughly £1.2 trillion ($1.6 trillion), has revealed that it backed resolutions earlier this year designed to force Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. to show investors how their artificial-intelligence ambitions can align with their previously stated emissions-reduction goals.

The shareholder proposals, all of which failed to gather enough support to pass, requested the companies explain how they will meet climate change-related commitments given the growing energy demand from AI.

London-based Legal & General, which has a history of supporting climate-friendly actions, voted for the resolutions at the three hyperscalers and singled out Meta for the quality of the information it provides to investors.

“Upon benchmarking Meta’s practice and disclosures against its peers, we believe the company could improve its disclosures on how it balances the need for ‘speed to power’ against the need for clean and reliable power,” L&G said in a report published earlier this month.

L&G also said it wanted greater clarity on “how Meta sees the role of gas as grid-connected power and on-site generation within its decarbonization pathway.”

The concerns led the asset manager to support a resolution put forward at an annual general meeting held at the end of May. L&G also said it would like Meta to take “more measures to decrease its Scope 3 emissions from capital goods,” referring to emissions generated by customers and suppliers.

Responding to the requests made in the shareholder resolution, Meta said in its recent proxy filing that the company strives to build “the future of human connection and the technology that makes it possible” in a way “that supports a more sustainable world.” Given the company’s existing efforts to address its environmental footprint, such as reporting its data-center energy consumption and other environmental metrics, Meta’s board of directors said the requested report “wouldn’t provide additional benefit to our shareholders.”

Over the past weeks and months, investors have got an early glimpse of the environmental impact of Big Tech’s AI ambitions, via sustainability reports. Amazon.com Inc. said in June that its data centers used 2.5 billion gallons of water worldwide last year, while in July it said its emissions rose 16% from the previous year. In July, Microsoft Corp. reported that its carbon emissions climbed 25% in 2025.

At Alphabet Inc.’s Google, “ambition-based” emissions climbed 18% overall last year, due in part to its expanding data-center portfolio, the company said in its latest sustainability report. OpenAI and Anthropic PBC are expected to start publishing some sustainability data in connection with their planned initial public offerings.

A Meta spokesperson told BloombergNEF in July that it has an “ongoing goal to match our electricity use with 100% clean and renewable energy” and said the company has added more than 30 gigawatts of new clean energy to grids across 28 states.

At the same time, BNEF notes that Meta has been leaning more heavily on power from natural gas. In March, the company agreed to fund seven new gas-fired plants to provide 5.2 gigawatts of power to its data center in Louisiana. That one announcement equates to nearly three-quarters of the clean-energy offtake capacity that Meta has signed in 2026, as of July 27.

L&G said it has been engaging with hyperscalers within AI and data-center value chains since 2025 “to better understand their practices and risk exposures.”

Photograph: The Legal and General Group Plc logo; photo credit: Jose Sarmento Matos/Bloomberg

Copyright 2026 Bloomberg.

Topics InsurTech Data Driven Artificial Intelligence

Was this article valuable?

Thank you! Please tell us what we can do to improve this article.

Thank you! % of people found this article valuable. Please tell us what you liked about it.

Here are more articles you may enjoy.

AI, Artificial Intelligence concept,3d rendering,conceptual imagChubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability
Glass doors decorated with cannabis leaf patterns at the entrance to a dispensaryHow Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage
Hacker in data security concept. Hacker using laptop. Hacking the Internet. Cyber attack.Hacking Attempts Surge as Companies, Governments Rush to Patch PHP Flaws
Home Insurance Tops Property Taxes in Squeeze for US Households

Written By Alastair Marsh

More From Author

Written By Tim Quinson

More From Author

Interested in Ai?

Get automatic alerts for this topic.

Email This Subscribe to Newsletter
  • Categories: International & Reinsurance NewsTopics: AI data centers, AI liability, AI risk, artificial intelligence (AI), data centers, environmental social and governance (ESG) criteria, greenhouse gas emissions, Legal & General Group, meta, Meta AI, Meta data center, net zero emissions
  • Have a hot lead? Email us at newsdesk@insurancejournal.com

Add a CommentSee All Comments (0)Add a Comment Cancel reply

Your email address will not be published. Required fields are marked *

*

*

More News
Texas Volunteer Firefighter Charged With Arson
Border Crossing Opens With Tighter Checks for Screwworm
Contract and certificate of health insurance with policy to protect the family.Florida Agency Owner and Unlicensed Agent Charged in Fake Certificates Scheme
More Florida Insurers Announce Rate Cuts for Auto, Homeowners, Condo Units
More News Features

Read This Next

  • Legal & General Says Meta Isn't Doing Enough to Keep AI Clean
  • KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event
  • Chubb CEO Greenberg: Industry Has to 'Put Arms Around' AI Liability
  • Harbor Emerges From Stealth with $10M Funding to Handle AI-Agent Risk
  • Container Ship Sinks in Strait of Hormuz as Attacks Ramp Up

Insurance Jobs

  • Commercial Lines Account Manager - San Diego, CA (Remote, Hybrid, In-Office)
  • Account Executive, Private Client Group - Remote
  • East Coast-based Advertising Sales Representative - Remote
  • Commercial Lines Underwriting Assistant – REMOTE - Remote
  • Sr. Analyst, Product Management - Hartford, CT
  • Senior Trial Attorney, Remote (Sacramento / San Francisco, CA) - Remote - Sacramento, CA
MyNewMarkets
  • Coverage Without Borders: Protecting High-Profile Clients Across a Global Stage
  • Premises Liability Emerging as Significant Driver of Nuclear Verdicts
  • Apartment Living: Why Property Owners Need Solid Insurance Requirements and Verification Processes in Lease Agreements
  • Agency Guide for a Practical Approach to AI Rollouts
  • When E&O and D&O Lines Start to Blur
Claims Journal
  • Spanish Train Crash Kills at Least 64 People South of Madrid
  • Edison Must Face Jury Over Equipment's Role in Massive 2025 Fire
  • Nidec Suing Former Executives Over Accounting Issues
  • Guidewire Buying UK Insurance AI Firm Hyperexponential in Deal Worth up to $2.1B
  • Trading Platform Rocked by Japan Hack, $50 Million Ransom
Academy of Insurance education
  • October 29th Oops, We Got Hacked. Now What?
  • November 5th 2026 ISO CGL Endorsements. The New, The Updated, and The Totally Expected
  • November 19th AI Endorsements: They Giveth and They Taketh Away
  • November 30th Betting on Insurance: Gambling Risk in the Trading Age

Insurance News

  • News by Region
  • News by Topic
  • Yesterday

Site Search

Features

  • Insurance Markets Directory
  • Forums
  • Industry Events
  • Agencies For Sale
  • Newswire
  • Insurance Jobs
  • Rankings & Awards

Connect with us

  • Email Newsletters
  • Magazine Subscriptions
  • For Your Website
  • RSS Feeds
  • Twitter
  • Facebook
  • LinkedIn
  • Do Not Sell My Info

Insurance Journal

  • Submit News
  • Advertise
  • Subscribe
  • Reprints
  • Link to Us
  • Contact Us

Wells Media Group Network

  • Insurance Journal
  • MyNewMarkets.com
  • Claims Journal
  • Insurance Journal TV
  • Academy of Insurance
  • Carrier Management
© 2026 by Wells Media Group, Inc. Privacy Policy | Terms & Conditions | Site Map