Legal & General Investment Management has launched the Sustainable DC Property Fund which aims to incorporate more environmental, social and governance (ESG) targets.
LGIM will be reshaping an existing property portfolio, the insurer has developed carbon reduction roadmaps at individual asset level and commissioned an estimate of social value created by the fund, as a baseline against which to measure future social impact.
The fund will target a 30% allocation to the L&G Global Real Estate Equity Index Fund to provide liquidity and support daily dealing for DC clients.
