The Asset Owner Diversity Charter (AODC), with Brunel serving on the Steering Committee, continues to lead significant progress in promoting diversity within the investment industry. The 2024 conference, titled “The Next Chapter,” featured key discussions on the importance of socio-economic data, addressing ethnicity pay gap reporting, and the impact of the AODC questionnaire on decision-making and asset allocation. The event also marked the announcement of the newly formed Advisory Board, which will support the AODC in its next phase of development.
Embedding DEI asks in contractual arrangements
Brunel has enhanced the language within the Investment Management Agreement (IMA) (its primary contractual agreement with many of our asset managers), requiring asset managers to provide relevant diversity-related data. This includes information aligned with the Asset Owner Diversity Charter or its equivalent, ensuring that managers are held accountable for diversity metrics.