Our Future-Fit Pioneer commitment…
We recognize the crucial role every business must play in creating a Future-Fit Society – one that is environmentally restorative, socially just and economically inclusive – and we are committed to playing our part.
We aspire to become a Future-Fit Business because we believe that our long-term success is tied to the value we provide to society. That means that we must not only address all the potential negative impacts associated with what we do, but also build new sustainable ways of operating as we invest for a world worth living in.
Brunel Pension Partnership Limited (Brunel) is one of eight national Local Government Pension Scheme (LGPS) pools in the UK. As a steward of the investments of our clients, we deliver products that rely on the investment system. As things stand, that system emphasises short-term rather than long-term performance, thereby driving short-term thinking among investors and companies. That means the very structure of the investment ecosystem is unsustainable because it contributes to risks such as climate change rather than supporting transformation. This is an industry-wide challenge, and we commit to doing all we can to shape the investment system so that it is fit for purpose.
Brunel aims to deliver stronger investment returns over the long term. We protect our clients’ interests by contributing to a more sustainable and resilient financial system; that, in turn, supports sustainable economic growth and a thriving society. We seek to create positive impact wherever we can, in order to speed up society’s transition to future-fitness. We focus on our own actions as much as the actions of others.
We acknowledge that a business-as-usual approach isn’t enough. This statement signals our intent to continue to transform how we do things. We will lead by example and encourage other businesses to do the same by sharing our progress annually. We will publish our first Future-Fit Statement of Progress within the next 12 months.