Archive

L&G commit $1 billion to debt-for-nature swaps

Legal & General will act as a cornerstone investor on debt-for-nature swaps through a strategic partnership with Enosis Capital, committing up to $1 billion over the next five years.

UK government-backed impact initiative targets billions in investment

A UK government partnership to drive regional investment in areas of impact has secured support from major pension funds and insurers, including £2 billion from Legal & General and £100 million from workplace pension scheme Nest.

L&G warns 'conflicting dichotomy' splitting shareholders threatens renewables drive

L&G Asset Management has flagged the rise of "an interesting, conflicting, dichotomy between short- and long-term focused investors" that it warns could slow investment in renewables at the expense of shareholder demands for higher dividends and share purchases.

L&G removes Cosco from divestment list based on climate progress

L&G Asset Management has removed Chinese state-owned shipping giant Cosco from its climate-based divestment list after it said the company made "several" key improvements to its strategy, including an 'ambition' for its shipping operation to be net zero by 2050.

Japanese ISSB standards will tackle long-standing issues with reporting timeline, L&G says

People Moves 23 September: HSBC, Impax, LGIM ... and more

LGIM divests two laggards as part of 'climate pledge'

Legal & General Investment Management (LGIM) is to divest two companies from funds managing £87 billion ($105 billion) for failure to take action on greenhouse gas emissions,...

L&G's chief executive defends climate free speech

Nigel Wilson supports right to air anti-climate change comments as HSBC's Stuart Kirk fallout continues

News round-up: Impax, NZAOA, Credit Suisse and Aviva

Net-Zero Asset Owner Alliance adds five members