Legal & General Investment Management, one of the world's largest asset managers, today released its annual Climate Impact Pledge increasing the ambition of its engagement programme. Using quantitative metrics, including LGIM's proprietary climate modelling climate ratings for over 1,000 companies in key sectors will be publically available under a ‘traffic light' system on LGIM's website. More than a ten-fold increase in number of companies covered, the selected companies are responsible for over 60% of the greenhouse gas emissions from listed companies. Companies identified as falli...
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