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...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?


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.