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

2026:

Responsible Investment Report Quarter 2 2026

Responsible Investment Report Quarter 2 2026

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

Active Ownership reports

2026:
  • Active Ownership Report Quarter 2 2026
  • Active Ownership Report Quarter 1 2026
 
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

Other Responsible Investment Information

Local Authority Pension Fund Forum (LAPFF) Quarterly Engagement reports

Q2 2026 LAPFF Report 

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

Company Sector

Weighting

GEF (%)

Alphabet Inc Internet 5.767
Cie Financiere Richemont Sa Retail 0.404
Meta Platforms Inc Internet 0.611
Microsoft Corp Software 3.921
Philip Morris International Inc Agriculture 0.329
Salesforce Inc Software 0.352
    11.384

LAPFF Quarter 2 2026 Engagement Report

 

Q1 2026 LAPFF Report 

The attached Q1 LAPFF report outlines the companies in which the Berkshire Pension Fund holds interests.

Company Sector

Weighting

GEF (%)

Amazon.com Inc. Internet 2.243
Booking Holdings  Internet 1.283
Danone Food Processing  0.181
Microsoft Corporation Software 3.776
Nestle SA Food Processing 0.309
    7.792

LAPFF Quarter 1 2026 Engagement Report

 

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