Find more information on the issues deeply affected by private equity investments:
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…
Private Equity Climate Risks is launching the Private Equity Energy Tracker, the first-of-its-kind, searchable portal that provides a catalog of the energy holdings of eight of the top North American private equity firms:…
As the human and economic costs of climate change accelerate, Oregon Treasurer Tobias Read’s Net Zero plan is a crucial step toward setting Oregon’s pension system in line with the pathway to 1.5 degrees. PESP commends the Treasurer for…
Biden decision signals decline of LNG, increased risk for investors with exposure to fossil fuels Financial watchdog PESP encourages investors to avoid financial risks of their energy investments Statement from Nichole Heil, climate campaigner and researcher at the…
South Texas Communities and PESP escalate opposition to Rio Grande LNG terminal at Oregon Investment Council meeting OIC faces scrutiny for $350 million Investment in the controversial LNG project Building on recent efforts, South Texas communities,…
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…
PESP urges BlackRock to halt Rio Grande to prevent significant community and environmental risks Today, BlackRock, which manages a portfolio of $10 trillion, announced a deal to buy private equity firm Global Infrastructure Partners (GIP) for…
Global Infrastructure Partners newest fund (Fund V) is an investor in the proposed Rio Grande LNG Terminal through its $3.5 billion investment. This investment resulted in Global Infrastructure Partners’ at least 46% ownership stake in the proposed LNG terminal– the…
The Carlyle Group’s two-year fundraising journey for its flagship buyout fund, Carlyle Partners VIII, closed in August raising an abysmal 54 percent of its $27 billion goal and overall 20 percent less than what the firm raised for…
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…
