Quarterly engagement report: Q1 2026

In this edition, we highlight corporate engagements with water utilities companies, Shell Plc*, and some of our policy engagement on climate, nature and governance topics. We also summarise some of our significant votes as the 2026 AGM season commences and include our quarterly voting and engagement data.

We aspire to safeguard and support long-term value for our clients, by addressing financially material and systemic risks and opportunities across climate and nature, social resilience and corporate governance. 

Guided by our universal ownership approach, we will leverage L&G’s expertise in markets, sectors and companies to effectively partner with investee companies, holding them to account, while facilitating a supportive policy environment.

Read our Q1 2026 engagement report 

Key risks

Whilst L&G’s Asset Management business, where relevant, has integrated financially material Environmental, Social, and Governance (ESG) considerations into its stewardship practices and investment decision-making, funds that do not include specific ESG goals within their objectives might not pursue responsible investing goals.

*For illustrative purposes only. Reference to a particular security is on a historic basis and does not mean that the security is currently held or will be held within an L&G portfolio. The above information does not constitute a recommendation to buy or sell any security.

[1] Universal owners hold such large, diversified portfolios that they represent a slice of the entire market or economy. Because their investments span multiple sectors and industries, they are exposed to an array of macro and systemic risks.