Forget the buzzwords, says LGIM’s Sacha Sadan. Stewardship has always been central to effective governance—firms now need to articulate it.
Image: Alastair Fyfe/ fyfephoto.com
Sacha Sadan, director of investment stewardship at Legal and General Investment Management (LGIM), says boards are feeling a “seismic change”.
Speaking to Board Agenda for our latest podcast, Sadan reflects on the changing environment for boards as they come to terms with demands for action on climate change and sustainability, to be purposeful and to be accountable to not only to shareholders but all stakeholders.
Though it may look like a major shift in the way companies are run, Sadan believes good boards and good investors have always been concerned stewards. After all, section 172 of the Companies Act—the section that lays ou
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