Navera Investment Management
Navera Investment Management is a UK-based investment firm, with offices in London. We are 100% employee owned. Our ownership structure ensures that our business interests and goals are fully aligned with the long-term investment objectives of our investors. Our primary focus is on discretionary investment management, employing a global approach to protect and grow the real value of our clients’ capital.
Navera Investment Management joined the Net Zero Asset Managers Initiative in November 2022 as Veritas Investment Partners, and made its initial target disclosure in June 2023. The target has been updated in July 2026.
Information on climate target(s)
Baseline(s):
Portfolio decarbonisation reference baseline
Financed Emissions Intensity: 15.27 tCO2e/$mn invested
Weighted Average Carbon Intensity: 53.94 tCO2e/$mn revenue
Target(s):
Portfolio decarbonisation reference target
Financed Emissions Intensity: 4.6 tCO2e/$mn invested which equates to a 70% reduction from our 2019 baseline
Weighted Average Carbon Intensity: 16.2. tCO2e/$mn revenue which equates to a 70% reduction from our 2019 baseline
Methodology:
Net Zero Investment Framework
Scenario(s):
We have considered several IPCC guidelines that are recommended by NZIF 2.0 including the IPCC Special Report on Global Warming of 1.5C and the P1-P4 illustrative pathways and the UNEP Gap Report 2030. However, both reports did not suit our needs, either due to a baseline matching issue or because we have already achieved the required reduction in these scenarios. Our new targets to 2035 are more challenging than any of the IPCC scenarios.
Percentage of assets covered by climate targets
73% of total AUM (USD $6.9 billion)
Further information:
Climate Report 2025 – Link
The disclosures in this report are consistent with the TCFD Recommendations and Recommended Disclosures, as well as Annexures C, ‘Guidance for all Sectors’, and AnnexureD.4, ‘Supplemental Guidance for the Financial Sector – Asset Managers’, where relevant.