Adopting a fully integrated investment process

With every investment, we consider environmental, social and governance (ESG) factors as part of our wider decision-making process. We aim to fully integrate these factors into the investment process – from origination right through to post-investment. We do this by taking both a top-down and bottom-up approach to assessing ESG risks, identifying and managing the issues that we believe could have the biggest impact on our assets across the investment lifecycle.

Our ESG framework is designed to capture material ESG risks and impacts relevant to each sector, ranging from carbon emissions avoided in renewables to employee and contractor health and safety, community development, board composition, and bribery and corruption.

Our responsible investing reports

Our approach to all our private credit investments is to seek to ensure that environmental, social and governance (ESG) factors are fully considered as part of the wider investment decision-making process.

Private Credit ESG - picture

Integrating ESG throughout the investment process


Case studies

  • Bromford Housing Group

    Bromford Housing Group

    LGIM Real Assets (Legal & General) has provided £100 million in deferred long-term financing to Bromford Housing Group (Bromford), the largest provider of affordable homes across Central and South West England.

    LGIM as at 2020 and August 2023.

  • Landsvirkjun - clean energy

    Landsvirkjun - clean energy

    In 2020, we committed an additional £17m to Landsvirkjun, the largest renewable energy provider in Iceland. The company dominates domestic markets with a 73% market share, and has over 50 years of experience in building and operating hydro, geothermal and wind power assets.

  • Walney Extension - clean energy

    Walney Extension - clean energy

    In 2017, LGIM Real Assets made its debut transaction into the offshore wind sector, completing a £330 million investment into one of the world’s largest offshore wind farms, the Walney Extension located off the coast of Cumbria, England.

    LGIM as at November 2017.

Responsible investing

Key risks

The value of an investment and any income taken from it is not guaranteed and can go down as well as up, you may not get back the amount you originally invested. Past performance is no guarantee of future results.

Whilst LGIM has integrated Environmental, Social, and Governance (ESG) considerations into its investment decision-making and stewardship practices, this does not guarantee the achievement of responsible investing goals within funds that do not include specific ESG goals within their objectives.