Legal and General Investment (LGIM)management has dropped out of investment and sold stocks in a number of companies, which are refusing to engage with them over preparation for climate change. These include ExxonMobil, Hormel Foods, Korean Electric Power, Kroger and Metlife and LGIM quite simply won’t hold their stock. The two which affect us at Rethink Energy are ExxonMobil and Korean Electric Power (KEP). ExxonMobil has made it perfectly clear that it will not be transparent about what it spends its money on, and not bow to climate change pressure from investors. It has funded climate change denial research and has failed to mitigate its position by taking a strong position in renewables or battery storage. KEP has kept South…