LGIM annual report reveals 21% rise in ‘active engagement’ in 2020
Engagement figures from LGIM show investors did not allow Covid-19 to shift their focus from core concerns such as diversity and climate.
Sacha Sadan, LGIM's director of investment stewardship. Image: LGIM
Legal and General Investment Management (LGIM) increased the level of its engagements last year as the pandemic took hold of society and business across the world.
LGIM's annual report reveals an increase in “active engagement” by 21% during 2020, an indication of just how much effort some fund managers are putting into direct contact with companies. But even as the pandemic raised issues such as the treatment of workers and stakeholders, engagement remained focused on key strategic issues such as climate change.
According to Sacha Sadan, director of investment stewardship at LGIM: “The Covid-19 pandemic brought into sharp focus t
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
‘Shareholder spring’ dents FTSE100 remuneration rise
A second "shareholder spring" in 2016 saw more modest remuneration among the FTSE100 in 2017, but FTSE250 investors took umbrage at director salaries this time around.
-
D&O litigation on the rise amid host of emerging risks
Directors face liability over a range of new threats, with data breaches, executive misconduct and climate boosting D&O litigation claims.
-
Archbishop backs call for cultural change in financial regulators
Report claims City watchdogs risk "sleepwalking" into another financial crisis without cultural change.
