LGIM- Active ownership – Global engagement to deliver positive change

The pandemic has disrupted our lives in numerous and profound ways; it has also underscored the importance of tackling looming threats – like that of a climate catastrophe – before it is too late. But we were already living in a period of flux even before COVID-19, due to dramatic shifts in technology, politics, demography and the environment. We believe asset managers have a crucial role to play in tackling the challenges presented by this era of uncertainty, many of which have been heightened by coronavirus. Participating in forums like the COP26 Business Leaders Group, ahead of the pivotal climate conference in Glasgow later this year, has emphasised to me the necessity of action – and the obstacles to it. Indeed, through our active engagement with companies, we seek to effect positive change in the businesses in which we invest and for society as a whole, in line with L&G Group’s vision of inclusive capitalism. In doing so, we are fulfilling our very purpose at LGIM: to create a better future through responsible investing. As I look back on an extraordinary year, I am truly grateful to our Investment Stewardship team, alongside colleagues across LGIM, for the determination and passion they have demonstrated on behalf of our clients and the communities in which they live.