Lennox Capital Partners
Lennox Capital Partners (Lennox) is an active boutique investment manager specialising in Australian small and microcap listed equities. Lennox joined the Net Zero Asset Managers Initiative in April 2022 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 $1.0 billion)
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Baseline(s):
Portfolio coverage baseline
We currently consider 20% of AUM to be aligned with the Paris Aligned Investment Initiative Net Zero listed equity methodology.
Portfolio decarbonisation reference baseline
169.3tCO2e/ $mn invested
Engagement threshold baseline
We currently consider 20% of financed emissions in material sectors to be aligned using the Paris Aligned Investment Initiative Net Zero listed equity methodology.
We currently consider 50% of financed emissions in material sectors to be under engagement.
Target(s):
Portfolio coverage target
We are targeting 100% of AUM to be aligned or aligning with net zero by 2030 using the Paris Aligned Investment Initiative Net Zero listed equity methodology.
Portfolio decarbonisation reference target
-50% portfolio emissions in intensity terms.
Engagement threshold target
We are targeting 100% of financed emissions in material sectors to be aligned with the Paris Aligned Investment Initiative Net Zero listed equity methodology by 2030.
We are targeting 100% of financed emissions in material sectors to be under engagement by 2030.
GHG scopes included:
Currently Scope 1 and 2, though we intend to integrate Scope 3 once sufficient data coverage permits.
Methodology:
Net Zero Investment Framework
Scenario(s):
P2 emission pathway consistent with that of the IPCC 1.5°C report.
Additional information
Policy on coal and other fossil fuel investments:
Yes. We do not invest in businesses that own coal and other fossil fuel reserves.