Responsible Investment

Find the responsible investment policy and reports, active ownership reports, LAPFF quarterly engagement reports and other investment information.

Royal County of Berkshire Pension Fund Responsible Investment Policy

Reports

Responsible Investment reports

2025:
  • Responsible Investment Report Quarter 4 2025
  • Responsible Investment Report Quarter 3 2025
  • Responsible Investment Report Quarter 2 2025
  • Responsible Investment Report Quarter 1 2025
2024:
  • Responsible Investment Report Quarter 4 2024
  • Responsible Investment Report Quarter 3 2024
  • Responsible Investment Report Quarter 2 2024
  • Responsible Investment Report Quarter 1 2024
2023:
  • Responsible Investment Report Quarter 4 2023 
  • Responsible Investment Report Quarter 3 2023 
  • Responsible Investment Report Quarter 2 2023
  • Responsible Investment Report Quarter 1 2023
 

Active Ownership reports

2025:
  • Active Ownership Report Quarter 4 2025
  • Active Ownership Report Quarter 3 2025
  • Active Ownership Report Quarter 2 2025
  • Active Ownership Report Quarter 1 2025
2024:
  • Active Ownership Report Quarter 4 2024
  • Active Ownership Report Quarter 3 2024
  • Active Ownership Report Quarter 2 2024
  • Active Ownership Report Quarter 1 2024
2023:
  • Active Ownership Report Quarter 4 2023 
  • Active Ownership Report Quarter 3 2023
  • Active Ownership Report Quarter 2 2023
  • Active Ownership Report Quarter 1 2023

Other Responsible Investment Information

Local Authority Pension Fund Forum (LAPFF) Quarterly Engagement reports

Q4 2025 LAPFF Report 

The attached Q4 LAPFF report outlines the companies in which the Berkshire Pension Fund holds interests.

Company Sector

Weighting

GEF (%)

Lloyds Banking Group PLC Banks (UK) 0.157
Microsoft Corp. Software 4.083
Molina Healthcare Inc. Health care services 0.234
Zoetis Pharmaceuticals 0.554
    5.028

LAPFF Quarter 4 Engagement Report

 

Q3 2025 LAPFF Report 

The attached Q3 LAPFF report outlines the companies in which the Berkshire Pension Fund holds interests.

Company Sector

Weighting

GEF (%)

LVMH Moet Hennessy Louis Vuitton Apparel 1.635
Microsoft Software 4.715
    6.350

LAPFF Quarter 3 Engagement Report

 

Q2 2025 LAPFF Report 

The attached Q2 LAPFF report outlines the companies in which the Berkshire Pension Fund holds interests.

Company Sector

Weighting

GEF (%)

Danone SA Food processing 0.21
LVMH Moet Hennessy Louis Vuitton Apparel 1.16
Moncler Retail 0.11
PT Bank Rakyat Indonesia Banks 0.40
Taiwan Semiconductor Manufacturing Co Semiconductors 0.97
    2.85
  • LAPFF Quarter 2 Engagement Report