L&G to halve emission intensity of £81bn annuity book by 2030
Legal and General Retirement (LGR) has committed to cutting the carbon emission intensity of its annuity book by half by 2030, while the overall group targets a net-zero portfolio by 2050.
The insurer said the £80.7bn annuity book would see its emission intensity cut by 18.5% within the next five years, with the pension scheme bulk annuity provider realigning its portfolio to make investments...
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