Find more information on the issues deeply affected by private equity investments:
The Carlyle Group announced on February 1st that the firm has set a net zero by 2050 goal while also setting “near-term climate goals” in order to carry out immediate action on reductions to emissions. The announcement lacks in…
Apollo Global Management plans to raise $25 billion for its next flagship buyout fund in 2022 and will not be investing in fossil fuels through the new fund, according to Bloomberg. The new fund will be one of the…
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…
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. PESP and LittleSis examined how a group of super-rich private equity…
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…
In January, Bloomberg reported that private equity giant Apollo Global Management, with $481 billion in assets under management, is pledging not to invest in fossil fuels in its next flagship buyout fund (See “Apollo to Shun…
The Environmental Protection Agency (EPA) issued an important set of proposed rules in November 2021 to curb methane emissions from oil and gas production operations. The Private Equity Stakeholder Project joined with 150 organizations representing environmental,…
Inequality.org reviewed the damages caused by Henry Kravis and George Roberts, the billionaire founders of KKR, “America’s first nationally celebrated “private equity” giant” as they step down as the company’s co-CEOs. According to Inequality.org, Kravis’ and Roberts’ KKR portfolio currently…
In the past two months, Warburg Pincus acquired two new oil and gas assets despite the private equity firm’s announcement that they are pivoting away from hydrocarbon investments and that their next flagship fund will be free of fossil…
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…
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…
UW News interviewed Riddhi Mehta-Neugebauer, the former research director of the Harry Bridges Center for Labor Studies (Center) at the University of Washington and Michael Mccann, the Gordon Hirabayashi Professor for the Advancement of Citizenship about the Center’s report…
