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
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