Legal & General confirmed as FTSE4Good member
14 Aug 2019
We’re pleased to confirm that Legal & General Group, following an evaluation of our sustainability criteria, continues to remain a constituent of the FTSE4Good Index Series, following the June 2019 index review. The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices.
Our overall FTSE4Good ESG rating for the last year was 4.3 out of 5. This meant that we achieved a position of top 18% of all insurance companies.
More statistical information on Legal & General’s overall sustainability performance is available in our CSR Report, GRI Report and data centre
About the FTSE4Good Index Series
FTSE Russell who manages the FTSE4Good Index Series say that: “Transparent management and clearly-defined ESG criteria make FTSE4Good indexes suitable tools to be used by a wide variety of market participants when creating or assessing sustainable investment products.
FTSE4Good indexes can be used in four main ways:
- Financial products - as tools in the creation of index-tracking investments, financial instruments or fund products focused on sustainable investment.
- Research - to identify environmentally and socially sustainable companies.
- Reference - as a transparent and evolving global ESG standard against which companies can assess their progress and achievement.
- Benchmarking - as a benchmark index to track the performance of sustainable investment portfolios.
FTSE Russell’s ESG Ratings
“FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Legal & General Group has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.”
Information about the index is available at: https://www.ftserussell.com/products/indices/FTSE4Good