Find more information on the issues deeply affected by private equity investments:
Last month, community members from South Texas joined together with PESP and other activists and watchdog groups at the headquarters of private equity firm Global Infrastructure Partners (GIP) to demand an end to GIP’s proposed liquid natural gas project, Rio…
President Biden’s decision to halt liquefied natural gas (LNG) export approvals has sparked political and business repercussions ahead of the 2024 election. The Energy Department’s freeze on new permits is being seen through the lens of the ongoing political…
During the summer, wildfires devastated Canada, partially fueled by climate change exacerbated by fossil fuel emissions. Some Canadians protested their pension fund’s investments in a Colorado oil and gas company, Civitas Resources, blaming it for exacerbating climate issues. Despite promises…
In November, South Texas community activists and tribal groups directly affected by the proposed Rio Grande Liquified Natural Gas (LNG) Terminal addressed the Washington State Investment Board (WSIB), demanding the state pension fund seek to halt the polluting LNG project. Despite…
On December 5, Private Equity Climate Risks released a new report, “Brookfield’s Climate Paradox: Climate Pledges vs. Fossil Fuel Reality.”. The report exposed Brookfield’s fossil fuel investments and emissions and found that the firm’s current investments in fossil…
In The Atlantic piece, “The Secretive Industry Devouring the U.S. Economy,” author Rogé Karma examines how private equity has taken one-fifth of formally publicly-traded companies off the market and effectively hidden them from investors, the media, and regulators.
The Environmental Business Journal interviewed PESP’s Nichole Heil on various projects PESP has worked on in the climate industry, including the Private Equity Climate Risks 2022 Scorecard & Report. Nichole discussed key PESP findings which included that PE firms…
A Progressive Magazine story, “Private Equity’s Green Façade Is Being Funded by Your Pension,” by James Baratta and Ryan Bieber examines how municipalities are facing a double-edged sword when it comes to the decarbonization movement…
The private equity industry faces reputational challenges due to its high management fees and accusations of negative practices, such as neglecting nursing homes and acquiring fossil fuel assets. Critics argue that the industry’s extensive holdings give it too much influence…
In September, private equity firm KKR announced the completion of its 42% stake in Port Arthur LNG Phase 1, via Sempra Infrastructure. First announced this spring, KKR’s commitment of new funding for the proposed LNG…
A Private Equity Climate Risks report released in September, “Uncovering KKR’s Environmental Responsibility Gap,” examined how Kohlberg Kravis Roberts & Co. and its affiliates have run three liquefied natural gas (LNG) investments—the Coastal GasLink pipeline in Canada; the…
The Guardian covered our latest report: Private Equity Profits from Disaster. As climate change accelerates and impacts more communities around the world, the need for skilled…
