Tag: LGIM
Progress on ethnic diversity in FTSE 100 boardrooms ‘has stalled’
Research by consultancy Green Park finds just 3.4% of chairs, CEOs and CFOs have ethnic minority backgrounds—the same proportion as in 2014.
‘A systemic risk’: investors demand greater ethnic diversity in boardrooms
State Street’s CEO says ethnic diversity on boards is “material to long-term sustainable returns”. It’s a reminder that businesses do not exist in a vacuum.
Sacha Sadan: ‘Good companies have always thought about these issues’
Forget the buzzwords, says LGIM’s Sacha Sadan. Stewardship has always been central to effective governance—firms now need to articulate it.
LGIM’s Sacha Sadan on stewardship and sustainability
We talk to Sacha Sadan, LGIM’s director of investment stewardship and one of the industry’s most influential thinkers on corporate governance.
LGIM says it’s ‘time for action’ to boost ethnic diversity on boards
Fund manager warns FTSE 100 nomco chairs that it will vote against reappointments “if they fail to meet expectations on ethnic diversity”.
LGIM to vote against ExxonMobil chair over climate concerns
The asset manager has a policy of voting against combined CEO–chair roles, but also cites worries about Exxon’s “lack of strategic ambition” on climate.
Investors call for mandatory human rights due diligence
Some of world’s biggest asset managers, including Aviva, Federated Hermes and Robeco, have signed up to the Investor Alliance for Human Rights.
LGIM to vote against combined CEO/chair roles worldwide
Asset manager says separated roles provide “a better balance of authority and responsibility”, which aligns with the long-term interests of investors.
Imbalance of power: loyalty shares threaten ‘one share, one vote’
The rise of loyalty shares—conferring multiple voting rights—is disrupting the principle of fair and equal treatment of all shareholders in Europe and beyond.
Shareholders focus attention on diversity and climate
ESG issues such as diversity and climate are becoming critical issues for shareholder engagement, according to a report from Legal and General Investment Management.