Net Zero Fest: L&G Capital promotes ESG message

Legal and General Capital pushed its sustainability message at this year’s Net Zero Festival.

The firm discussed its strategy to invest in sustainable solutions during a panel on the role of the finance sector in building a sustainable future.

John Alker, head of sustainability at Legal and General Capital, said the organisation’s approach champions creating positive impact.

“Looking across both our investment sectors and assets, we have strategies that are about investing in solutions.

“These would be clean energy, infrastructure, and technologies that are going to drive change across industry, buildings, and transport,” said Alker.

These values are part of the Legal and General’s wider social impact message, which has outlined plans to reach net zero by 2050.

Legal and General will be maintaining its positive environmental, social, and governance (ESG) strategies, said Alker, amongst greenwashing accusations and anti-ESG stigmas currently scrutinising the financial services sector.

Alker added that Legal and General Capital’s efforts are being directed into emerging markets and venture capital, “which is doing exciting things such as electrical aviation.”

“The single most important thing we can do to achieve positive impact is to engage and influence,” Alker added.

Net Zero Festival was held on 31 October and 1 November in London’s Business Design Centre.