As a global asset manager, Legg Mason is committed to being a responsible corporate citizen and has a strong focus on sustainability and the environment. Climate change is one of the most challenging issues of our time and protecting and preserving our environment is of paramount importance to Legg Mason as well as to many of our shareholders, clients, business partners, and employees. It is critical that we collectively work towards viable environmental solutions and make improvements now for a more sustainable future. We promote active engagement on sustainability among our global colleagues and continually work to embrace positive steps to protect the environment.
Carbon Disclosure Project
One of our important actions to deliver on our commitment to corporate responsibility is our role as a member of, and a signatory to, the CDP, a collaboration of leading global companies working together to create more corporate disclosure around environmental practices by gathering data from companies worldwide. Through CDP, we participate in the reporting of carbon emission risks and opportunities, emissions accounting, plans to reduce emissions, and governance.
As announced on September 23, 2013, Legg Mason achieved a leadership position on CDP’s Climate Disclosure Leadership Index, which measures the quality of climate change data we submitted to the global marketplace through CDP. This achievement was announced in the CDP S&P 500 Climate Change Report 2013, which tracks how America’s largest listed companies are acting in response to a changing climate. We are pleased to be included among these leaading companies seeking to reduce our impact on the environment.
Additional Green Initiatives
Our corporate headquarters in Baltimore has achieved LEED (Leadership in Energy Efficiency and Design) Certified Gold for the space it occupies in Harbor East. The certification is established by the US Green Building Council and is verified by the Green Building Institute (GBCI). The base building has achieved the US Green Building Silver Certification. We continue to look for ways to reduce our carbon footprint in our day-to-day business operations in our locations around the world.
Legg Mason has an officer-level Sustainability Council addressing the company's Environmental Social and Governance (ESG) initiatives. Through this network of sustainability champions, we promote education and awareness around sustainability, develop relevant programming and engage in carbon reporting and data collection.