Legal & General Investment Management (LGIM) believes that ESG factors – such as climate change, social inequality, and executive pay – are financially material. So, LGIM sees responsible investing as the incorporation of ESG considerations into investment decisions.
Responsible investing
LGIM views responsible investing as essential to mitigate risks, unearth investment opportunities and strive to strengthen long-term returns for clients. It is also core to its approach: the very purpose at LGIM is to create a better future through responsible investing.
Influencing and engaging for net zero
LGIM uses its influence as a large investor to promote a transition to a low carbon economy. This includes supporting efforts to limit carbon emissions to net zero by 2050, in line with global efforts to limit warming to 1.5°C. LGIM has also committed to the Science Based Target initiative (SBTi).
As one of the world’s largest asset managers, what has LGIM done so far to influence?
Constructed active and index portfolios with climate objectives
Used its market leading Climate Impact Pledge to drive change
Actively engaged with significant emitters
Become a founding signatory of the Net Zero Asset Managers initiative
Michelle Scrimgeour
Chief Executive Officer, Legal & General Investment Management
I’m immensely proud of LGIM’s achievements as a responsible investor, which I believe demonstrate real leadership on behalf of our clients.
Michelle Scrimgeour
Chief Executive Officer, Legal & General Investment Management
In 2021, our Investment Stewardship team engaged with 571 companies to deliver positive change on societal themes including net-zero emissions, ethnic diversity and gender diversity
The number of resolutions we voted on worldwide (1)
The amount of assets we manage in responsible investment strategies (2)
(1) Across all assets under management.
(2) LGIM, as at 31 December 2021. AUM in responsible investment strategies represents only the AUM from funds or client mandates that feature a deliberate and positive expression of ESG criteria, in the fund documentation for pooled fund structures or in a client’s Investment Management Agreement.
