A CULTURE OF COMPASSION

Legg Mason's primary focus is on education, particularly in the concern of underserved youth.

We believe grassroots enterprises with strong local presences can benefit most from our contributions. Given that focus, we provide our key community partners with both financial resources and employee time and effort.

The needs we strive to serve:

• Strong and innovative principals
• Well-trained teachers with appropriate resources
• Funding high-quality early education and after-school programs
• Scholarship funding for at-risk children

We are privileged to partner with St. Ignatius Loyola Academy in Baltimore – a tuition-free independent Jesuit school for underserved boys in, grades 6-8.

• Our financial contributions help fund student scholarships and building renovations.
• Our employees volunteer to work with students and provide skills-based assistance to support infrastructure.
• Legg Mason professionals are helping to relaunch the school’s website.
• Fundraising opportunities promote employee interest.

Our greatest reward is helping our partners to succeed:

• 98% of Saint Ignatius Loyola Academy graduates receive a high school diploma.
• 88% of Academy graduates matriculate at post-secondary educational institutions.
   

At Legg Mason, we encourage our associates to be advocates for the global communities in which we live and work. Helping to enrich our communities, in turn, enriches our own lives … and spirit.
 

Youth Mentoring

Giving guidance is very gratifying. We mentor our young adults in many ways via youth employment programs through Cristo Rey, Urban Alliance and Youth Works, and we have an award-winning workplace mentoring program for Big Brothers Big Sisters Patterson High School youth, now in its seventh year.   

Employee Resource Group (ERG) Community Partnerships

Our seven resource groups give Legg Mason associates a chance to connect with non-profits to help carry out their respective missions. Select partnerships include Bottom Line, Samuel Ready Scholarships, the American Heart Association and Boys Hope Girls Hope.

Board Leadership Program

Our award-winning program links interested professionals with non-profit board service opportunities. Governance training, board matching and continual learning forums are some key components of the program.

Environmental Volunteerism

Multiple community beautification and clean-up activities take place during our annual celebration of Earth Week. Our Environmental Sustainability Council sponsors an Oyster Garden initiative that promotes the growth of Chesapeake Bay’s declining oyster population.

Dragon Boat Races

What do you get when you combine 32 employees and over 40 hours of practice? An unprecedented $57,000 raised by Legg Mason. Every two years we take to the oars to raise funds for the Catholic Charities of Baltimore.

As investors, we are hard-wired to envision the long term, and we must uphold responsible stewardship of investments. Likewise, our investment affiliates have deep appreciation for how Environmental, Social and Governance (ESG) factors can contribute to the long-term health of businesses and the markets.

Over the past several years, Legg Mason, at the corporate level, has set out to both increase our efficiency in operations and reduce greenhouse gas emissions. It’s a win-win. We run our business more effectively and have a positive impact on the environment.

The field of sustainable investing is rapidly evolving. The emphasis now is on actively finding companies with quality attributes — environmental and product safety, workforce diversity, employee retention and strong corporate governance — that can positively impact future shareholder value.

At ClearBridge Investments, all companies considered for investment are given an ESG rating which is updated annually. Likewise, at Martin Currie, governance and sustainability considerations are fully integrated into the investment process.

Seven of Legg Mason’s affiliates including Brandywine Global, Clarion Partners, ClearBridge Investments, EnTrustPermal, Martin Currie, RARE Infrastructure and Western Asset are all signatories to the Principals for Responsible Investment, reflecting the importance of that commitment.

Legg Mason benchmarks its efforts against standards set by leading ESG organizations.

In partnership with sustainability advocate Ceres, we ensure that our stakeholders stay fully aware of our sustainability efforts. Our ongoing engagement and reporting keeps our purpose alive and encourages diverse perspectives on our progress. In recognition of our energy-use reporting, the Carbon Disclosure Project named Legg Mason to the prestigious Climate Disclosure Leadership Index (CDLI) three times, most recently in 2014.

Corporate Social Responsibility Report

We provide our many stakeholders with a clear, comprehensive update on the programs and activities we offer in all areas of sustainability.

Leadership in Energy Efficiency & Design (LEED) Certification

Our corporate headquarters in Baltimore has obtained LEED gold certification for the space it occupies in Harbor East.

Environmental Sustainability Council

In conjunction with our Corporate Citizen team and led by Investor Relations, our group focuses on education, and in conjunction with our Corporate Social Responsibility team and led by our Head of Investor Relations, this group focuses on education and awareness, operations and efficiency, carbon reporting and data collection. With the CFO’s executive sponsorship, engagement and support, our ESG initiatives continue to expand across the firm.

In 2013, Legg Mason and its investment affiliates, in partnership with Mercer Consulting, hosted a “Responsible Investing Teach-In” that included investment professionals and shared services employees from multiple corporate and affiliate campuses.

Environmental Volunteerism

We celebrate Earth Week each year with a variety of community beautification and clean-up activities. Our Environmental Sustainability Council sponsors an Oyster Garden initiative that promotes the growth of Chesapeake Bay’s declining oyster population.

Global Efforts

Delivering outstanding results, our London office has implemented various progressive environmental programs, including a wildlife roof and zero landfill waste. Two of our global affiliates, Martin Currie and RARE, also demonstrate their commitment to the environment through their ESG initiatives, as well as through volunteerism and community initiatives.