Our Objectives 2008


Objective Area

 

Target

SRI Corporate Governance

Continue to monitor the performance of our FTSE 350 shareholdings in line with our commitment to the ABI’s Environmental, Social and Governmental Policy (ESG). Depending upon the issues that arise during the year, we expect to engage at similar levels to 2006 and 2007 (28 and 30 respectively)

Customers

Engage with Legal & General’s retail customers to listen to their concerns on ESG issues and feed these into our ongoing corporate governance discussions with FTSE companies and their boards

 

Extend our ethical products’ reach with our newest strategic partner, the Nationwide Building Society, to enable more consumers to access these investments

SRI – Property Management

Liaise with King Sturge International LLP to ensure key investment properties continue to improve using ISO 14001 as the benchmark

 

Commit to a three year plan with King Sturge International LLP to achieve ISO 14001 across all the service charge properties

 

Achieve ISO 14001 accreditation in Q1 08 for a further three investment properties, bringing us to a total of five properties

Suppliers and
Environment

Extend 2006 programme of engagement with key suppliers to manage social and ethical issues associated with our purchase of goods and services during the period 2007-09

 

Reduce the business mileage of 1.88 business miles driven per active policy and the average of 1,360 business miles driven per employee

 

Ensure that compliance by key suppliers with the environmental requirements of the Group Purchasing Policy is maintained at 80% during the period 2008-10

 

Purchase paper with a recycled content of 40% (by tonnage) by end of 2009

 

Implement driver training and assessment programme

 

Extend the certification of our Health and Safety Management System to one more occupied property

 

Integrate and report on our commitments and progress as a founding member of the ABI’s Climate Wise Programme. See our commitment at www.climatewise.org.uk

 

Reduce our carbon dioxide emissions to 1.5 tonnes per Full-Time Equivalent (FTE) by end of 2008

Employees and
Community

Redevelopment of the Institute of Leadership and Management qualification to give a broader-based qualification with greater external recognition

 

Commit at least 100 working days in 2008 in each major location to community projects (Cardiff/Birmingham/Hove/London/Kingswood)

 

Increase Give As You Earn employee participation to 15%

 

Increase Matched Funding use by our employees to 10%

 

Launch two Major Groupwide charitable giving initiatives in 2008

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