LGIM divests from four firms as it renews pressure on net zero

The firm called for companies to provide insight into their climate accountability

Holly Roach
clock • 2 min read

Legal & General Investment Management (LGIM) has renewed pressure on companies to achieve net zero, and also divested from four companies due to "insufficient action" to address climate change risks.

The firm's annual Climate Impact Pledge report revealed companies falling short of its minimum standards will be subject to voting sanctions, as well as potential divestment from LGIM funds. The...

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