TPI’s new Global Climate Transition Centre will be a key tool for climate investing

It all started as a conversation between two pension funds back in 2015 – a conversation I remember well.

Earlier this week, I was delighted that Brunel was able to help take the Transition Pathway Initiative (TPI), which launched in 2017, to the next level with the launch of the new Global Climate Transition Centre at the London Stock Exchange.

Alok Sharma, COP 26 President-elect, Justin Welby, the Archbishop of Canterbury and Emma Howard-Boyd, Chair of the Environment Agency, all attended the opening.

At the opening, the TPI announced the launch of a new Global Climate Transition Centre, with the ambition of providing free and publicly-accessible data on how 10,000 companies are aligning with a Net Zero pathway. The centre will also expand to assess government bonds and corporate debt issuers.

Brunel Pension Partnership sits on the Board and Advisory Committee of the TPI, which is backed by investors with a combined £40 trillion in assets. We believe the new tool will be invaluable in helping asset owners and managers alike to target Net Zero across their portfolios.

Adam Matthews, Chair of the TPI and Chief Responsible Investment Officer at the Church of England Pension Fund, told media: “This TPI Centre will underpin the global climate transition directly empowering investors to take action and judge climate performance through the same lens. It will be a critical component of the post Glasgow COP financial infrastructure enabling investors to deliver on their commitments.”

For more details, see coverage by:

• London Stock Exchange
• The Church of England
• Transition Pathway Initiative

Last week, we launched our COP 26 campaign: No Excuses on Net Zero. To see the launch article for our campaign, see ‘No excuses on Net Zero: video interview‘, in which Faith Ward is interviewed about the conference. You might also like to see our second article in the campaign: ‘Towards a Greener Future’…  In our third piece, we reported on Laura Chappell’s industry recognition. And you may like to watch Faith Ward on an OECD panel , talking about physical climate risks and the financial system.