Bridges Fund Management
Bridges is a specialist private markets investor. Investing in solutions that support the transition to a more inclusive and sustainable economy. Bridges joined the Net Zero Asset Managers Initiative in November 2021 and made its Initial Target Disclosure in November 2022.
Percentage of assets covered by the Net Zero Asset Managers Commitment Statement
100% of total AUM (USD $1.5 billion)
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Baseline(s):
Portfolio coverage baseline
39% of AUM is considered aligning to towards a net zero pathway, or committed to aligning.
Target(s):
Portfolio coverage target
By 2030, 100% of AUM aligned to a net zero pathway.
Portfolio coverage target
By 2040 or sooner, 100% AUM is considered net zero.
GHG scopes included:
Our targets cover scope 1 and 2 emissions initially, and will phase in scope 3 emissions over time in line with NZIF guidance.
Methodology:
Net Zero Investment Framework
Scenario(s):
Our targets are developed with reference to the IPCC special report on global warming 1.5C.
Additional information
Policy on coal and other fossil fuel investments:
Yes. Our Sustainable Investment Policy outlines our investment process. Bridges does not invest in coal or other fossil fuels.
Further information: