The real assets arm of Legal & General Investment Management has appointed Shuen Chan to the new role of head of ESG.
Chan’s responsibilities include embedding sustainability practices across all areas of the real assets business, as the firm seeks to step up its climate change efforts.
Particular focus will be put on integrating ESG – or environmental, social and governance – criteria in the firm’s real estate equity platform and its rapidly expanding private credit portfolio, which includes infrastructure.
Rob Martin, group director of strategy & ESG, said: “We need a step-change in progress towards combating climate change. As one of the UK’s largest institutional investors and real asset owners, we have a major part to play.”
Chan has over 25 years’ experience in sustainability, capital markets and asset management. Most recently, she co-founded a purpose-driven ESG advisory firm called Sustineri aimed at helping institutional investors build a case for sustainable investing in the transition to a low carbon economy.
“ESG and sustainable investing in the real assets sector is fundamental to meeting the Paris Agreement targets and a transition towards a low carbon economy and society,” Chan said.
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