Climate change is one of the defining issues of our time. In recognition of its potentially catastrophic outcomes for the world – and our clients’ assets – we support efforts to limit carbon emissions to net zero by 2050. Under our Climate Impact Pledge, we commit to helping companies to reach this objective.

2024 report highlights


The number of companies assessed across 20 climate-critical sectors


Companies identified as subject to voting sanctions for not meeting minimum expectations


The percentage of the total carbon emissions attributable to LGIM’s corporate debt and equity holdings covered by the Pledge⁽²⁾

Sector guides

More details on the methodology, alongside research detailing the pathways and expectations for each key sector we engage with, can be found in the links below.

  1. Voting sanctions can apply to companies not meeting minimum standards in our quantitative assessment or over time not meeting red lines in our qualitative assessment, across 20 pre-determined climate critical sectors. Voting sanctions are applied across LGIM’s equity holdings.

  2. As at December 31 2023. Percentages are calculated by looking at corporate equity and debt holdings only. Percentages are calculated for the aforementioned holdings where carbon data can be found. Carbon data is from ISS, using ESG data and reporting enrichment to map to issuers of corporate bonds.


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.

The risks associated with each fund or investment strategy should be read and understood before making any investment decisions. Further information on the risks of investing in this fund is available in the prospectus at.