On 1 May 2026, the Business and Human Rights Centre invited Legal & General (L&G – Asset Management) to respond to concerns that a company it is investing in, Palantir, is linked to various allegations of facilitating "serious human rights violations". Reportedly, Palantir is accused of facilitating these violations through its contracts with the U.S. Immigration and Customs Enforcement agency (ICE) and the Israeli army in the Palestinian territories, among other concerns, with Amnesty International accusing the company of "failing to comply with international standards". Palantir has responded to similar allegations, which can be found on its BHRC company page.

As stated in the United Nations Guiding Principles on Business & Human Rights (UNGPs), investors have a responsibility to use their leverage to ensure that those with whom they have business relationships, including portfolio companies, respect human rights. L&G responded, stating:

“Our role as an asset manager is to manage assets in line with clients’ mandates. Holdings in the company referenced are part of broad, global market indices and are components of an investment strategy, chosen to align with the clients’ investment objectives. All of our investments are in line with international laws, regulations, and sanctions.”