Asset manager said it aims to deliver long-term returns, net zero carbon emissions, and improved ESG outcomes through new investment vehicle
BT, Tesco, Aviva, Santander, and Mitie among those calling on government to make net zero disclosure a mandatory requirement for large firms
Yet net zero targets are supported when explained, with many pension holders considering divestment around climate change, LGIM survey finds
Legal & General Investment Management's defined contribution pensions business has set out its plan to decarbonise its investment portfolio, while US asset manager Mercer has also pledged to deliver net zero by 2050
Buildings must become far more energy efficient to deliver the UK's net zero target, but progress remains frustratingly slow, argues Rob Martin of LGIM Real Assets
More than two-thirds of the $36tr of assets held by some of the world's largest asset managers are being managed by responsible investment 'laggards' and poor performers, while the industry currently has no stand-out leaders, damning new research shows....