CSR Targets 2009

SRI Corporate Governance - the influence of assets we manage on behalf of our clients

• Corporate Governance: engage at least 30 FTSE All Share companies on ESG Risk management in 2009

Retail and Institutional Investors in Legal & General Funds, Non-Governmental Organisations (NGOs) with issues around FTSE Companies

Increase Standards

Group CSR Committee

In Our Commercial Property Portfolios

• Energy/carbon reduction programme to be created for the 24 key buildings, arising from the data collection in conjunction with King Sturge and their energy advisors

Retail and Institutional Investors in Legal & General Funds

Increase Standards

Sustainability Committee LGP

• A robust 3 year programme to achieve ISO 14001 accreditation across all directly managed properties (estimated 51 assets) to be verified in Q4 2009

Increase Standards

• Legal & General Property (LGP) will work with King Sturge and DTZ to adopt the Green Lease principles across all service charge properties in collaboration with occupiers

Increase Standards

• Ensure King Sturge and DTZ continue to maintain and improve the environmental credentials for all properties under management

Maintain Standards

• Benchmark LGP’s funds under management in partnership with Upstream and agree sustainable improvement plans for each property for adoption in 2009

Maintain Standards

• Measure the carbon impacts of third party suppliers to Legal & General with reference to our directly managed investment properties. King Sturge and DTZ to provide data for their respective supply chains adopting the best practice principles introduced by Legal & General in 2008

Maintain Standards

Business Risks and Reputation

• Spend £0.5m on Third Sector Investments which directly support the Risks and Opportunities of our Core Businesses of Risk, Savings and Investment management

Socially Responsible Investment (SRI) Analysts / Shareholders /
Legal & General Senior Managers / Third Sector

Increase our Investment

Group Charity Committee

Our People

• Provide at least 500 days of employee volunteering time across our UK locations

Legal & General Employees / Third Sector / Local Communities around our major sites

Maintain Standards

Group Charity Committee

• Invest at least £2.5m into the Third Sector as a result of our key employee driven programmes of Matched Funding, Give as You Earn and community donations

Security and Preservation of Natural Resources

• Reduce total direct C0₂ emissions by 5% by 2012
• Reduce total waste production by 10% by 2012
• Reduce paper usage by 10% from 2,249 tonnes by the end of 2010

SRI Analysts / Shareholders / Legal & General Senior Managers / Third Sector / Government / Environmental NGOs

Increase Standards

Group Environment Committee

Supply Chain

• Conduct a benchmark review and audit of key suppliers to establish compliance with Legal & General’s CSR standards for suppliers

SRI Analysts / Shareholders / NGOs / Current and Potential Suppliers

Maintain Standards

Group Environment Committee

• Ensure compliance by key suppliers with the environmental requirements of the Group Purchasing Policy is maintained at 80% during the period 2008-10 (Incorporates Carbon Footprint reporting in 2009)

• Purchase paper with a recycled content or approved environmental credentials (FSC or PEFC only) of 40% (by tonnage) by end of 2009

• Report the carbon footprint of Legal & General’s supply chain and our suppliers’ specific reduction plans for public disclosure in 2010 CSR Report

International Business

• Rollout consistent Corruption and Bribery, Human Rights and Environmental Policies across our International Subsidiaries

International NGOs / Legal & General Senior Managers with Oversight of Governance

Increase Standards

Business Ethics Working Group

Business Ethics

• Increase awareness of the importance of employees making ethical decisions across the business through increased employee communications and understanding

Media / SRI Analysts / Employees / Shareholders

Increase Standards

Business Ethics Working Group