Legal & General Investment Management announced that it will divest from four companies, including AIG, due to unsatisfactory climate policies. (Photo: Michael Nagle/Bloomberg)

Legal & General Investment Management (LGIM), one of Europe's largest asset managers, announced that it will divest its holdings from four companies due to their "insufficient action to address the risks posed by climate change."

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.