Brunel publishes final Climate Progress Report
Author: LAPF Investments | Published: June 3, 2026
Brunel has published its final Climate Change Progress Report, capturing the progress the pool has made against its climate goals across 2025.
As part of its work, the pool took its aggregate reduction in reserves intensity to 92% – vs the 2019 baseline – while its aggregate carbon intensity ended the year at 54%.
Additionally, since setting the target in 2023, it has raised the percentage of Paris-aligned targets across its assets under management from around 50% to 100% of in-scope assets – or approximately 92% of its total assets under management.
Brunel chief executive Laura Chappell said: “Once again, our yearly climate snapshot captures both our 12-month progress – and the longer trajectory. I am enormously proud of the work across the partnership to deliver progress on both counts. It shows others what is possible.”
Outside this, of the businesses it has invested in, 70% of financed emissions in material sectors are either aligned, aligning, or subject to direct or collective engagement and stewardship actions across all listed equity and corporate bonds as of June 2024, increasing to 90% by June 2027.
Alongside this, 90% of managers overseeing its Cycle 3 and Cycle 4 private debt portfolios have pledged their commitment to carbon emissions reporting.
Faith Ward, chief responsible investment officer at Brunel, said: “We built our approach to climate change on five pillars: policy, products, portfolios, positive impact and persuasion.
“As an investor, that underpinning has enabled us to address the challenge and opportunity of climate change from multiple angles. The report demonstrates success in all these areas, not only in 2025, but since we launched our first Climate Change Policy.
“We have made this progress by working closely with a range of industry partners. As we approach wind-down, we call on them to build on that progress.”
