L&G to halve emission intensity of £81bn annuity book by 2030
Net-zero by 2050
Legal and General Retirement (LGR) has committed to cutting the carbon emission intensity of its annuity book by half by 2030, while the overall group targets a net-zero portfolio by 2050.
The insurer said the £80.7bn annuity book would see its emission intensity cut by 18.5% within the next five years, with the pension scheme bulk annuity provider realigning its portfolio to make investments...
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