Amundi, LGIM Join Investors Pledging to Restore Biodiversity
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Amundi SA and Legal & General Investment Management have joined a coalition of investors committing to protect and restore biodiversity through their financing and investments.
The asset managers, together with U.K. insurer Aviva Plc, signed the Finance for Biodiversity Pledge, which commits them to work for the restoration of nature by pushing the companies they invest in to consider their impact on the natural world, according to a statement Friday. The latest cohort of signatories brings the number of financial institutions supporting the initiative to 55 and includes fund managers, insurers and banks with cumulative assets under management of more than 9 trillion euros ($11 trillion).