What specific environmental disclosure shortcomings did Legal & General identify in Meta’s AI-related energy strategy?

Legal & General stated that Meta ‘could improve its disclosures on how it balances the need for “speed to power” against the need for clean and reliable power’ and called for greater clarity on ‘how Meta sees the role of gas as grid-connected power and on-site generation within its decarbonization pathway,’ while also urging more measures to reduce Scope 3 emissions from capital goods.

How did Meta respond to shareholder demands for a report linking its AI expansion with climate goals?

Meta’s board said the requested report ‘wouldn’t provide additional benefit to our shareholders,’ citing existing efforts such as reporting data-center energy consumption and other environmental metrics, and reaffirmed its goal to match electricity use with 100% clean and renewable energy—though it also funded seven new gas-fired plants totaling 5.2 gigawatts for its Louisiana data center.

L&G Says Meta Isn’t Doing Enough to Keep AI Clean

Aug 25, 2026

Legal & General urged Meta to improve disclosures on AI energy sourcing, citing heavy reliance on natural gas. The asset manager highlighted broader industry concerns over rising carbon emissions and energy demand from hyperscalers.

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L&G Says Meta Isn’t Doing Enough to Keep AI Clean

L&G Says Meta Isn’t Doing Enough to Keep AI Clean

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