Brunel in a Year – from partnership power to UK impact
Where is Brunel headed and how are we getting there?
From high-level strategy, through UK impact, to biodiversity, affordable housing, AI and policy advocacy, our REVIEW 2024-25 selects a handful of highlights from the past year. These highlights illustrate the recent progress we have made on our long-term journey from start-up to high-impact asset owner and Responsible Investment (RI) leader.
“Brunel’s journey continues to prove that dynamism is possible through partnership,” said Laura Chappell, CEO. “The Review demonstrates that shared dynamism across multiple agendas and ambitions, and fundamentally in how we are delivering better futures for our partner funds’ members and for the world they will retire into.”
The engine-room of that progress is the partnership’s “shared values and ambitions and collaborative culture”, wrote Sally Bridgeland, Brunel’s new Chair, in her Introduction. That is why our annual Investor Day is such an important and symbolic event for our partnership (page 6).
Review 2024-25: Impact Britain
It is also why we have made such progress on investing in UK impact. The map shows that we are investing in projects which are delivering the transition, improving biodiversity, and delivering social impact for their communities. (See page 7 to learn more about these UK investments). We have profiled one investment in detail, too – affordable housing in Patchway, north Bristol (page 9).
It is why we are pushing ahead on a range of priorities, from harnessing AI to maximising our biodiversity impact (pages 8 & 10).
Progress across all these areas gives us a strong voice in the industry and among policymakers, enabling us to amplify our impact through policy advocacy (page 11). Our commitment to our priority themes provides ample reason to have confidence in Brunel’s future.
As Laura Chappell put it in her Introduction (pages 4-5): “The government’s Pension Review confirmed that we have the right strategy for the future. However, our continued strength lies in our ability to look beyond the Review’s immediate timeframes to the longer-term horizon of our pension funds, so that we act with conviction to ensure we have a resilient business that lasts into the future.”