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We are pleased to announce our latest Net Zero Carbon commitment for Mayfair Capital’s, Property Income Trust for Charities (PITCH).

The Property Income Trust for Charities (PITCH) is committed to the goal of limiting warming to 1.5 degrees by 2050 or sooner and taking practical steps to manage the portfolio in line with these aims. 

• By 2030, we aim to reduce the carbon intensity (kgCO2e/m2) of the portfolio by 31.5% across scope 1, 2 and 3 greenhouse gas emissions and to disclose our progress.

• By 2050 (or sooner), our commitment is for the Property Income Trust for Charities portfolio to be net zero carbon. (This commitment was originally made in May 2022 when we signed up to the Net Zero Asset Managers initiative (NZAMi)​​​​​

Please click here to access the short paper outlining this commitment in more detail.

​​​​Simon Martindale, PITCH Fund Director  - “This commitment represents an important and significant milestone in the history of PITCH. As stewards of charity capital, we have always taken a responsible approach to our management of the Fund, and it is right that we maximise our efforts to reduce the portfolio’s impact on the environment. As this briefing explains, we recognise that this commitment will continue to evolve as greater cost transparency becomes available, but most importantly, we now have a clear pathway and set of action plans to enhance the sustainability credentials of the portfolio and to deliver on our net zero aims.”

Please do contact the PITCH management team if you would like further information.