L&G appoints new head of ESG as it accelerates climate changes efforts

LGIM Real Assets, a division of Legal & General Investment Management, has appointed Shuen Chan as head of ESG as the firm continues to establish itself as a global leader in responsible investment.

Rob Martin, director, strategy and ESG, LGIM Real Assets, said, “We need a step-change in progress towards combating climate change. As one of the U.K.’s largest institutional investors and real asset owners, we have a major part to play. Shuen’s appointment, with her strong expertise in ESG and climate change, including a deep understanding of debt markets, marks our continued commitment to embedding ESG in every area of our business.”

With the United Kingdom legally required to meet net-zero carbon emissions by 2050, investors must actively consider how they can help reduce emissions in some of the most carbon intensive industries, including real estate, energy, transportation and social infrastructure. Legal & General is looking beyond current legislation