Responsible Investing
At L&G Asset Management, we believe environmental, social and governance (ESG) factors – such as climate change, social inequality and diversity – are financially material. So we see responsible investing as the incorporation of ESG considerations into investment decisions.
Our heritage in responsible investing is built upon the foundations of tangible initiatives. We have been pursuing our Active Ownership agenda since 2010, reporting annually on our global engagement activities with the companies in which we invest. Our Climate Impact Pledge is renewed every year and updated to reflect the standards which we expect of global firms, and we engage on a regular basis with other large investors and interest groups.
Responsible investing, in our view, is essential to mitigate risks, unearth investment opportunities and strengthen long-term returns for clients. It is also core to our approach: our very purpose at L&G Asset Management is to create a better future through responsible investing.
Our Climate Impact Pledge
Climate change is one of the defining issues of our time. In recognition of its potentially catastrophic outcomes for the world – and our clients’ assets – we support efforts to limit carbon emissions to net zero by 2050. Under our Climate Impact Pledge, we commit to helping companies to reach this objective.
To read our latest Climate Impact Pledge report, please click here.
Visit our UK Climate Impact Pledge page to find out more about our climate scores.
Active ownership
Active ownership means working with companies, policymakers and other investors to create sustainable value. To read our annual report, which details how we achieved this in 2023, please click here.
Visit our UK Active Ownership page to find out more.
Investment Stewardship Team
We believe investment stewardship means the responsible oversight of capital that we allocate on behalf of our clients, in order to generate sustainable benefits for the economy, the environment and society.
This involves engaging with the companies in which we invest, to address risks and opportunities – both company-specific and market-wide.
Our Investment Stewardship team exercises voting rights globally, across
L&G Asset Management’s active and index funds, holding companies to account on the issues that matter most to our clients. These range from climate change to board independence and diversity.
At the same time, the team works with regulators, policymakers and our industry peers to tackle systemic issues.
Please see the L&G Asset Management website (English) for further details on L&G Asset Management’s stewardship activities.
Visit our UK L&G Asset Management ESG scoring page.
Voting disclosure
We have a vote disclosure webpage on our L&G Asset Management (UK) Investment Stewardship website. Built and designed for us by our proxy voting provider ISS, this aims to improve access to and transparency about our voting decisions across all markets for our clients and stakeholders. In addition to providing historical voting data and the rationale behind our decisions, it provides daily updates of our vote instructions and disclosures of all votes with a lag of one day after a shareholder meeting is held.
Investment capabilities
Our purpose is to create a better future through responsible investment. We offer the full spectrum of investment strategies and solutions for clients who wish to integrate ESG considerations into their investments. Please contact us if you would like to understand more about our investment capabilities.