APG, LGIM support efforts to halt deforestation in Brazil (IPE)

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Two of Europe’s largest asset managers have pledged to support efforts to halt deforestation and adopt sustainable land management practices in the Cerrado region of Brazil.

Dutch asset manager and Legal & General Investment Management (LGIM), who have more than €1.5trn in assets under management between them, have signed a statement of support for the “Cerrado Manifesto”.

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Robeco and Green Century Capital Management, a US investor, have also put their names to the statement.

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Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), has been awarded ‘A+’ and ‘A’ ratings by the United Nations Principles for Responsible Investment (PRI), the world’s leading proponent of responsible investing, as part of the organisation’s 2020 Assessment Reports for signatories.

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