Boardroom meeting with diverse board members

5 February, 2021

Progress on ethnic diversity in FTSE 100 boardrooms ‘has stalled’

“The snowy peaks of British business remain stubbornly white.” Those are the words of Trevor Phillips, chair of Green Park, the consultancy whose research this week revealed the cause of ethnic di...
Board meeting in glass-walled office

15 January, 2021

‘A systemic risk’: investors demand greater ethnic diversity in boardrooms

In case there was any doubt: it’s time to address the lack of ethnic diversity in boardrooms. The issue has been in the background for some time, but the Black Lives Matter protests in the US, UK...
Sacha Sadan, LGIM

10 December, 2020

Sacha Sadan: ‘Good companies have always thought about these issues’

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
Sacha Sadan, LGIM

9 December, 2020

LGIM’s Sacha Sadan on stewardship and sustainability

In our latest podcast we interview Sacha Sadan, director of investment stewardship at Legal and General Investment Management (LGIM) and one of fund management’s most influential thinkers on corpora...
LG group logo on website

6 October, 2020

LGIM says it’s ‘time for action’ to boost ethnic diversity on boards

With progress made on gender diversity, one of the UK’s biggest investors is switching its focus to ethnic diversity on boards. Legal and General Investment Management (LGIM) has written to nomin...
Exxon Mobil logo

13 May, 2020

LGIM to vote against ExxonMobil chair over climate concerns

If there is one company that attracts the ire of those concerned with protecting the environment it is the world’s second largest oil company, ExxonMobil. The company’s history is not only one of ...
human trafficking, hands tied with rope

24 April, 2020

Investors call for mandatory human rights due diligence

The issue of mandatory human rights due diligence for companies will not go away. This week a group of investors with $5trn in assets under management called on governments around the world to impose ...
combined CEO chair role

4 February, 2020

LGIM to vote against combined CEO/chair roles worldwide

Leaders occupying both the chief executive and board chair roles in corporates around the world have been put on notice: Legal...
scales, balance

26 July, 2019

Imbalance of power: loyalty shares threaten ‘one share, one vote’

One share, one vote. It’s a compelling premise for corporate governance, but it is being eroded by developments around the world, including in Europe. At
climate change

16 April, 2019

Shareholders focus attention on diversity and climate

If you are a company chair and fail to ensure your board is diverse you can bet some significant shareholders will now vote against your reappointment. That’s the message this week from Legal and...