LGIM Says Co Is Divesting From Glencore

Glencore PLC GLEN:

• LGIM: THIS YEAR, CO IS DIVESTING FROM GLENCORE

• LGIM: LGIM REMAINS CONCERNED GLENCORE HAS NOT DISCLOSED PLANS FOR THERMAL COAL PRODUCTION ALIGNED WITH NET ZERO PATHWAY

• LGIM: THIS YEAR, CO WILL ALSO DIVEST FROM TJX

• LGIM: CONCERNED TJX DOES NOT HAVE ZERO DEFORESTATION POLICY, NOT SHOWN CLEAR INTENTION TO ANALYSE POTENTIAL EXPOSURE TO COMMODITY-DRIVEN DEFORESTATION