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Lindsell Train Limited

Lindsell Train specialises in the management of UK Equity, Japanese Equity and Global mandates offered through both segregated accounts and pooled funds. Lindsell Train joined the Net Zero Asset Managers Initiative in October 2021 and made its Initial Target Disclosure in December 2022.

Initial Target Disclosure: December 2022

Percentage of assets covered by the Net Zero Asset Managers Commitment Statement

94% of total AUM (USD $21.06 billion)

Information on interim target(s) covering the proportion of assets to be managed in line with net zero

Baseline(s):

2022

Portfolio coverage baseline

36% of committed AUM is considered aligned.

Target(s):

2030

Portfolio coverage target

55% of committed AUM is aligned by 2030.

GHG scopes included:

Scope 1, 2 and material scope 3 emissions.

Methodology:

Net Zero Investment Framework

Scenario(s):

In the derivation of our portfolio coverage target, we have applied the P2 model in the IPCC special report on global warming of 1.5° in such a way that the ~50% emission reduction target explicit in the model is analogous to our ~50% improvement in portfolio alignment.

Additional information

Proportion of AUM committed:

Excluded separate accounts that did not provide explicit permission to be included at this time.
Excluded unlisted, non-discretionary assets held within Investment Trusts.
We will look to engage with the remaining clients in future for inclusion to the committed assets.

Policy on coal and other fossil fuel investments:

Lindsell Train does not invest in coal or other fossil fuel investments.