Leaders in helping people and institutions positively influence change while achieving their financial goals
As part of a global enterprise, we encourage companies to develop resilient strategies, think longer-term and consider all their stakeholders.
We are committed to leadership, transparency and consistency in sustainable investments, a commitment that runs throughout the global organization. We also work towards changing wider market standards, policies and regulations to make the financial system more sustainable.1
As part of our holistic approach to ESG Investing, we ensure our decisions, influence and products are focused around three important criteria:
As active proponents of the benefits of stewardship codes, we aim to improve the quality of stewardship and ownership across the markets in which we invest. We endorse and adhere to the ISG Framework’s Principles for the US market. In addition, we help promote the long-term success of companies in such a way that the ultimate providers of capital also prosper. Effective stewardship benefits companies, investors and society as whole.
- Long-term themes identified by L&G
- Quantitative and qualitative solutions
- Focused engagement
- Direct consequences
- Stewardship developments and ESG score
- Focused engagement and consistent voting
- Market change through advocacy
- Collaboration to amplify impact
- Financial and non-financial performance
- Capital structure
- ESG risks
Asset Manager of the Future
This paper describes why we view stewardship as an essential feature for asset managers to thrive in an evolving financial landscape.
ShareAction’s ESG Ranking
ShareAction’s independent report ranked our index equity team third out of the world’s 75 largest asset managers for our approach to sustainable investing.
Our ESG Scorecard
An expanded set of analysis tools can help investors navigate risk and identify those companies that might succeed in a rapidly changing world.
Engaged with key global regulators, frequently commenting publicly (e.g. enhanced human capital disclosures2 and proposed proxy advisor regulations)
Leveraging media influence
Named 13 companies as laggards as part of our latest Climate Impact Pledge
Capital allocation driving change
Launched the Future World Fund, a suite of ESG oriented strategies, in April 2019
Taking a distinct stance
Recognized as a leader on key proxy votes on climate change, political lobbying, and executive pay3
1 “Legal & General” also seen as “we” throughout this presentation relates to Legal & General Investment Management America (“LGIMA”), an SEC registered investment advisor, Legal & General Investment Management (“LGIM”), an FCA authorized advisor, LGIM Asia an adviser registered with the Hong Kong Securities and Futures Commission and LGIM International (“LGIMI”), an FCA authorized advisor and SEC registered investment advisor. The foregoing presentation is for the services of only LGIMA.
2 Submissions are posted publicly, e.g. https://www.sec.gov/comments/s7-11-19/s71119.htm
3 Majority Action- Climate in the Boardroom: How Asset Manager Voting Shaped Corporate Climate Action in 2019. https://www.majorityaction.us/asset-manager-report https://www.sec.gov/comments/s7-11-19/s71119.htm