Legal & General Investment Management (LGIM) has today revealed the corporate leaders and laggards on climate change, following the first engagement period under its Climate Impact Pledge.

LGIM introduced the Climate Impact Pledge in November 2016, focused on accelerating the progress companies are making in addressing climate change and transitioning to a low-carbon economy. LGIM has initially focused on engaging with 84 of the world’s largest companies across different sectors and geographies identified as pivotal in meeting the 2°C target set in the Paris Agreement.

These companies have since been assessed, scored and ranked against more than 50 indicators, including whether they have a corporate statement that formally recognises the impact of climate change, whether they are fully transparent on their carbon contribution and whether the board composition is diverse and robust enough to drive innovation and change.