Britain’s biggest manager of people’s savings and investments has taken action against companies worldwide that it believes are not fighting climate change, in one of the most interventionist policies by an investment house. The fund management division of Legal & General has sold shares in eight companies in sectors from energy to food and will vote against the re-election of their chairmen or women. Legal & General Investment Management looks after about £980 billion of savings and investments on behalf of millions of people worldwide. It is known for its campaigning work in corporate governance.
Times 11th June 2018 read more »