Railpen Exceeds Emission Reduction Targets, Invests £1bn in UK Climate Solutions
Railpen, a £34bn asset manager, has made significant strides in its commitment to sustainability. By 2024, it has cut portfolio emissions by 41%, exceeding its interim goal of 25-30% reduction by 2025. This achievement comes alongside an investment of nearly £1bn in UK climate solutions and a 23% alignment of its assets to net zero.
Railpen's progress is part of its broader strategy to tackle climate risk. Adam Gillett, head of sustainable investment, noted the rising systemic climate risk. The organisation aims to have 90% of its holdings aligned to net zero by 2030, with a target of 100% alignment in material sectors by 2040. Currently, at least 70% of its holdings are aligned or under engagement towards this goal.
Railpen's commitment is evident in its investments. It holds a 50% stake in AGR Power, a London-based renewable energy developer. The organisation's updated net zero plan, published in October 2025, reflects these commitments and achievements.
Railpen's 41% reduction in portfolio emissions by 2024 demonstrates its seriousness in combating climate change. With ambitious targets for 2030 and 2040, and significant investments in UK climate solutions, Railpen continues to lead the way in sustainable asset management.
