Litigation Capital Management Ltd 2022 Annual Report with Sustainability Disclosures
Company: Litigation Capital Management Ltd
Sector: Finance & insurance
Country: Australia
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 124
The report highlights LCM's transition toward asset management, including the launch of Fund II and growth in assets under management from A$336 million to A$414 million. Group revenue reached A$47.4 million for FY22, while the 11-year cumulative portfolio IRR and ROIC were 79% and 163%. Its sustainability section describes employee diversity and ethical treatment, community support through PIAC and other charities, and litigation funding connected to environmental and social justice outcomes. LCM also states that it is developing its ESG framework to promote environmental sustainability.
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