Climate Change

Using our strengths and our position in the market to systematically change the investment industry so that it is fit for purpose for a world where temperature rise needs to be kept to well below 2°C compared to pre-industrial levels.

Our Climate Change Policy

The key objective of our climate policy is to systematically change the investment industry to ensure that it is fit for purpose for a world where the temperature rise needs to be kept to 1.5°C compared to pre-industrial levels.

We focus our energy and talk about our objectives under five principal areas – each of which have specific targets set out against them.

Our Climate Change Policy 2023-30 is available in a different formats to allow everyone to access it in a way that is best for them.

Each year we will report against the policy, this information is included, with our TCFD requirements, in our Climate Progress Report (below).

Climate Change Policy 2023-30 Full version
Climate Change Policy 2023-30 Summary
FAQs

Previous Climate Change Policies can be found in our library.

Our reporting allows us to shine a light on the essential work that we undertake. Affecting real-world change is an unending task, and our climate-related activity runs through everything that we do.

Annually we get an opportunity to shine a light on the impact that these efforts are having. This is done in two key documents;

Climate Change Progress Report

Our Climate Change Progress Report provides information about the approach Brunel takes to climate change matters and the strategic objectives of the business. It aligns with the requirements set out by the FCA, based on the TCFD recommendations for a TCFD entity report.

Previous versions of this report can be found in our library. Before 2023 they were referred to as a Climate Action Plan.

Previous versions of the Climate Change Action Plan Report can be found in our library

We recommend that this report is read alongside the Climate-related Product Report, which provides the details metrics and information regarding the individual listed market portfolios. Many of the tables and charts in the Climate Change Progress Report are sourced from this report.

Climate-related Product Report

Previous versions of the Carbon Metrics Report can be found in our library

Further explanations of the metrics and what they tell us, are on out Climate-related metrics page.

Climate Stocktake

We published our first Climate Change Policy in 2020. In 2022, we embarked on a Climate Stocktake to review that Policy. 

Our Climate Stocktake allowed us to take a breath and review our Climate objectives, engage, and discuss with our stakeholders on how they, and experts, felt we were progressing, and ask whether we were on track to achieve our objectives. Through a series of twenty interviews, across fifteen organisations and two deep-dive workshops the independent audit, conducted by Chronos Sustainability, we were able to really understand our progress to date.

This in turn enabled us to effectively revise our Climate Change Policy, resulting in the version you have seen above.

Climate Stocktake Report

Next steps

  • Development of metrics and targets for private market portfolios, including sustainable exposure
  • Enhance the reporting of physical climate risk, climate engagement and real-world outcomes