CSR: The Link with Our Businesses


During 2008, we further embedded our CSR work in our day-to-day business. We have selected initiatives which help us to meet our customer-facing and environmental objectives, and which support both our businesses and the wider community. This enables us to leverage our existing skills better in pursuit of broader social goals. More information on the progress we have made can be found in the table below.

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Segment

Key CSR Issues

Initiatives

Risk

Healthcare developments and environmental risks

We engaged with non-governmental agencies and projects such as the International Longevity Centre and the [ABI]’s ClimateWise initiative.

Crime

Our partnership with Help the Aged helps to improve security for older people.

Savings

Debt management

We have worked closely with A4e, an organisation involved in delivering generic financial advice on behalf of the government. This has involved our Financial Adviser Academy working with A4e to help deal with, and advise on, debt management issues.

Investment
management

Socially responsible investment

[LGIM] has worked in partnership with Business in the Community as it develops the business case for CSR in the Investment management business. During 2008, LGIM held over 133 meetings with investee companies to discuss issues relating to quality of corporate governance, social, environmental or ethical issues. Legal & General Property and the Royal College of Estate Management developed a training programme in environmental property management, first for our in-house property fund managers, then for broader roll-out across the commercial property industry.

International

Adopting key global standards

We are signatories of the UN Declarations for Human Rights and against Corruption and Bribery.

Group

Our impact on the environment

Our employees reduced our direct CO2 Emissions by driving almost 1.5 million fewer business miles in 2008 compared with 2007.

Relationships with employees, suppliers and the communities in which we work

We facilitated over 500 volunteering days for our employees in 2008.

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