A Sustainable Investment in Journalism

A sustainable business requires diverse revenue streams. ESG Investor now operates a subscription service as of Tuesday 14th May. To find out more please get in touch with our subscription team on subscriptions@esginvestor.net

AUM in Action

LGIM, NYSCR Back CDP Push on Science-Based Targets  

FedEx, General Electric, Dow Chemical and Rio Tinto are among the targets of a CDP-led campaign to get large corporates to set science-based targets. The campaign, backed by 367 financial institutions and multinational companies worth a combined US$33 trillion, is targeting 2,100 high-emitting companies to set 1.5°C aligned emissions reduction targets in line with the latest science. Legal & General Investment Management (LGIM), New York State Common Retirement Fund and Cathay Financial Holdings are among the financial sector backers of the campaign. Stephen Beer, Senior Manager, Sustainability and Responsible Investment at LGIM, said: “Through its Climate Impact Pledge, LGIM assesses over 5,000 companies in climate critical sectors and approaches over 100 companies for direct engagement to help drive change in their sectors and reduce systemic risks. One of our key expectations is for companies to have net zero targets which are certified independently, ideally by the SBTi. This is why we support efforts to encourage companies to adopt science-based targets.” 


The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top