New York Focus : The Private Equity ‘Black Box’ Pours New York Pensions Touting Divestment Into Fossil Fuels
New York Focus November 30, 2022: The Private Equity ‘Black Box’ Pours…
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Find more information on the issues deeply affected by private equity investments:
Inside Climate : With Fossil Fuel Companies Facing Pressure to Reduce Carbon Emissions, Private Equity Is Buying Up Their Aging Oil, Gas and Coal Assets
Inside Climate recently investigated where many fossil assets land when they are sold off from oil and gas companies. What Inside Climate found, and what many activists and researchers…
AP : Emissions declarations by equity firm Carlyle under question
Private equity firm The Carlyle Group is under fire for not disclosing its largest oil and gas investment in its report on financial risk from emissions. A recent story from AP…
Private Equity Climate Risks Scorecard featured by The Guardian, Bloomberg and more
The new Private Equity Climate Risks Scorecard, authored by PESP and AFREF, has seen wide coverage in the media since its release on September 14. Take a look at what different media…
Investment Week : Deep Dive: Private markets take steps towards the ‘mainstreaming’ of ESG
Investment Week: Deep Dive: Private markets take steps towards the ‘mainstreaming’ of ESG A report by the Private Equity Stakeholder Project was recently featured in a piece by Investment Week on the impact…
Mother Jones: An Iowa Powerbroker Plans to Make
a Windfall From Piping Ethanol Emissions
In a special issue spotlighting the troubling behavior of the private equity industry, Mother Jones explored a private-equity financed plan to pipe carbon dioxide hundreds of miles across multiple states in a scheme allegedly designed to cut emissions…
The Economist: Who buys the dirty energy assets public companies no longer want?
The Economist reported that some of the $44bn of mostly fossil-fuel assets that the oil and gas industry has shed since the start of 2018 are not being closed down, but bought up by private equity firms funded by university…
Guardian exclusive on latest PESP report: Private equity billionaires splurge to clean up their image, not their dirty oil investments
A new report by the Private Equity Stakeholder Project and LittleSis examines a “dirty dozen” of private equity executives whose fossil fuel investments drive climate crisis and environmental injustice. As The Guardian exclusively reported (see ‘Biggest oil barons’: the…
Financial Times: Cheering Shell’s Cambo exit may be premature
Using data and analysis from Private Equity Stakeholder Project research, a recent Financial Times editorial argued “Brown assets ought not to be private capital’s dirty secret: some transparency can be brought to bear, particularly on the larger private…
Deutsche Welle Reports on Private Equity Fossil Fuel Investments
Joining several other media outlets scrutinizing private equity’s role in the climate crisis, Deutsche Welle (DW) reported how some critics have warned that as traditional energy investors pull out, private equity firms will gain a larger share of the…
The Guardian: How workers unknowingly fund the climate crisis with their pensions
The Guardian reported on the growth of pension fund investments in private equity over the past decade, making it more common that workers’ retirement savings go into funds that are buying up fossil fuel assets and squeezing them for profit…
Bloomberg: Buyout Giants Rebrand as Forces for Good While Seeking Profits
Bloomberg reporter Sabrina Willmer assessed the difficulty of measuring the impact of private equity’s investments that the industry claims are helping the environment and society. She reported how detractors of private equity “question whether an industry known for buying companies…
