LGIM ramps up ESG reform and identifies corporate 'climate laggards'

clock • 2 min read

Legal & General IM (LGIM) opposed the election of more than 4,000 company directors in 2019, as the asset manager ramped up engagement efforts across the board, the company's annual Active Ownership report has revealed. The report also revealed the UK-based firm brought sanctions against 11 companies it defines as "climate laggards", opposed 35% of pay packages globally and voted against at least one resolution at 71% of companies due to concerns about the suitability of directors or audit...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.