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Investors—including Britain’s Largest—Demand Accountability for Climate Action in the Private Sector: Reuters

June 15, 2021
LGIM_demands_accountability_within_private_sector_blue

Asset managers are stepping up. Legal & General Investment Management (LGIM), Britain’s largest with $1.7TN in assets, is dropping companies with inadequate engagement on climate change and its impacts. LGIM has dropped 13 to date and is looking hard at 130 others for not meeting “minimum standard expectations” for managing their carbon footprints.

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