LGIM takes aim at company chairs with stronger climate engagement

Legal and General logo
LGIM has expanded the number of companies it assesses on climate factors to more than 5,000 from around 1,000 last year (Photo: Tolga Akmen/FT Commission)

The UK’s largest asset manager is widening its analysis of corporate climate policy and ramping up pressure on boards.

Legal & General Investment Management says that nearly 350 companies now qualify for “voting sanctions” at their annual meetings, which typically mean that LGIM will vote against re-electing the chair, after they ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines.

Read Next:

Policy & Regulation, UK
February 29, 2024

Threadbare council finances threaten to undermine biodiversity net gain in England

A UK law requires housing developers to deliver a 10% net improvement to biodiversity on their sites, but delivery may be problematic
Read more