Effecting positive change to deliver long-term, sustainable value
Investment stewardship means the responsible oversight of capital that we allocate on behalf of our clients, in order to generate sustainable benefits for the economy, the environment and society.
This involves engaging with the companies in which we invest, to address risks and opportunities – both company-specific and market-wide.
At the same time, the team works with regulators, policy makers and our industry peers to tackle systemic issues.
Our Investment Stewardship team exercises voting rights globally, across LGIM’s active and index funds, holding companies to account on the issues that matter most to our clients. These range from climate change to board independence and diversity.
Across both public and private assets, we have established a fully integrated framework for responsible investing to strengthen long-term returns and raise market standards. This is based on investment stewardship with impact and collaborative, active research across asset classes. Learn more about our approach to responsible investing here.
Read our Active Ownership report to see how we use our scale and influence to bring about real change in the companies and markets we invest in.
LGIM is proud to have consistently received A+ rankings for responsible investment strategy and active ownership by the UN-backed Principles for
Responsible Investment (UN PRI)*. Our latest UN PRI survey results and public transparency reports are available below:
*Source: UN PRI, as at 31 December 2020
Our award-winning Investment Stewardship team spearheads much of LGIM’s activity on environmental, social and governance (ESG) issues.
The team of 16 professionals, who have an average of 12 years’ experience, is headed by our Director of Investment Stewardship, Sacha Sadan.*
Sacha is a member of the LGIM Board and reports directly to LGIM’s CEO, Michelle Scrimgeour. Two independent non-executive directors on LGIM’s board have the specific responsibility of overseeing the team’s activities and ensuring conflicts are appropriately managed.
We believe this independent reporting line allows the team to manage internal conflicts, form views and take decisions in the long-term interests of all clients.
*As at 31 December 2020
Sacha Sadan is Director of Corporate Governance and on the Board at LGIM (Legal & General Investment Management) one of the largest asset managers in Europe. In September 2016 he was recognised in the Financial Times as one of ‘The 30 most influential people in the City of London’, crediting him as one the leading architects of 2012’s “shareholder spring”. At LGIM Sacha has overall responsibility for corporate governance including areas including Environment Social Governance (ESG). Sacha regularly collaborates with other investors as well as Governments and Regulators.
He was a Senior UK Equity Manager at Gartmore (2002-2011) where he co-managed a range of UK equity hedge, retail and institutional funds. He was voted the top-rated Pan European Fund Manager in the Thomson Reuters Extel Awards (known as the “City Oscars”) in 2010 and rated third in 2009. He started his career in the city in 1994 at Universities Superannuation Scheme (USS).
Sacha holds a BA in Accounting and Finance from Manchester University and is a Fellow of ICSA. Sacha is on the board of the Investor Forum.