Lloyd’s is committed to using its influence as a shareholder to promote better management of climate change amongst the companies it invests in, and uses F&C’s reo® service to vote and engage on the companies in its equity portfolio on its behalf.
Lloyd’s believes that climate change will have a material impact on the performance of companies in its portfolio. F&C’s climate change engagement is aimed at measures that will promote the long-term performance of investee companies, by minimising the risks and maximising the opportunities associated with tighter regulation of emissions and growing physical impacts.
F&C aims to achieve this by asking for better measurement, monitoring and management of emissions, and for the development of climate change strategies that address the risks and opportunities arising across all areas of investee companies’ businesses. It then assesses how adequate these measures are, and suggests improvements where appropriate.
