2023 Annual Report
View some of our 2023 highlights in the interactive video below.
Legal & General is a business with strong foundations, and excellent potential.
We are aiming to reverse the trend of chronic under investment, reduce economic inequalities and create better communities in which to live and work. We’re rolling out the next generation of urban regeneration, pumping capital into towns and cities that have seen too little investment for too long.
The need to tackle climate change and nature loss is becoming increasingly urgent. It is one of our strategic growth drivers and we aim to deliver via our three-pillar strategy: Invest, Influence and Operate. Being a sustainable business defines our role in society and the value we create.
We aspire to empower our employees to work together to create value for our customers, shareholders and the communities we’re here to serve. Our people are united behind a shared purpose to have a positive impact on society and to put customers at the heart of everything we do.
We have invested over £1 billion in Cardiff, transforming the city centre and generating excellent financial performance. Our regeneration of Cardiff has not only created state-of-the-art workspace, homes and better transport, but also a sense of arrival when people step off the train into Central Square. Cardiff shows the scale of our ambition and our work is by no means finished.
In responding to these long-term drivers, our strategic priorities aim to deliver sustainable profits as well as positive social and environmental outcomes. Environmental, social and governance issues are central to inclusive capitalism and are inherent to all six growth drivers.
Ageing demographics
Globalisation
Investing in the real economy
Welfare reforms
Technological innovation
Addressing climate change
Our business model is aligned with our strategy, ensuring we derive maximum benefit for our stakeholders. We aim to be leaders in retirement and protection solutions, investment management and capital investment. By taking a long-term approach to inclusive capitalism, our businesses work together to make a difference.
