- AffiliationLegal & General Investment Management
- 2020 Rank22
Michelle Scrimgeour oversees $1.75 trillion in assets as head of the U.K. insurer Legal & General’s investment fund—and she’s making sure the massive war chest is invested responsibly. In 2020, Scrimgeour helped author a landmark Climate Impact Pledge report, detailing criteria that 1,000 of Legal & General’s portfolio companies would have to meet to maintain the insurer’s investment. Scrimgeour, a veteran of BlackRock, Merrill Lynch, and Columbia Threadneedle Investments, has shown that the pledge is not empty, divesting holdings from four firms and putting nine others on an exclusion list for failing to meet the company’s climate standards. For her climate work, Scrimgeour has won an A+ rating from the UN Principles for Responsible Investment and will serve as cochair of the global business leaders panel at the 2021 UN Climate Change Conference.
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