Legal & General
Company: Legal & General Group plc
Brand value: US$1,402 million
Change since 2019: -16%
Headquarter city: London
Year formed: 1836
Legal & General provides a range of financial services, including mortgages, insurance, investments, pensions, life cover and retirement. In April this year, it announced a £150 million investment of its own, in the West Bar Square development in Sheffield, a mixed-use project that will accommodate 1,800 workers.
Legal & General promotes a mission to help people achieve financial security and enable them to be socially and economically useful in their communities. It also has a strong focus on sustainability and social justice, having been part of a campaign to promote women entrepreneurs and get more women in UK boardrooms. This year it has increased pressure on corporate boards around the world on issues including climate change, remuneration, diversity and board governance. It opposed the election of more than 4,000 company directors globally in 2019 and launched sanctions against 11 companies over environmental concerns. In response to COVID-19, Legal & General ramped up its research partnership with Edinburgh University into elderly social care, in recognition of the vulnerability of older people.