Carlyle divests largest portfolio of gas-fired power plants
Despite proclamations to “invest in the energy transition, not divest from it,” The Carlyle Group is perpetuating the climate crisis by offloading its largest and most polluting portfolio…
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Bridgepoint-owned ECP pledges to keep operating 50-year-old, polluting coal plant indefinitely
Energy Capital Partners (ECP), a unit of private equity firm Bridgepoint, is in the process of acquiring a portfolio of power plants including the 50-year-old James M. Gavin Power Plant, one of the highest emitting, dirtiest and deadliest…
Climate Standards and Investor Toolkit
Investors around the globe are contending with a range of market challenges along with financial and climate risks in the energy and infrastructure space. Most large institutional investors have taken important steps to…
Rio Grande LNG headwinds continue to exacerbate risks to investors
Rio Grande LNG, backed by Global Infrastructure Partners, a wholly-owned subsidiary of BlackRock The risks to investors of Global Infrastructure Partners’ and BlackRock’s Rio Grande LNG are mounting as the project faces growing…
PE-backed LNG project marred with setbacks and community opposition
Quantum Energy Partners-backed Saguaro Energía, a massive gas liquefaction and export terminal project under development in Mexico that includes a cross-border pipeline to transport fracked gas from West Texas to the terminal, is marred with legal setbacks and escalating opposition…
Disaster recovery industry dominated by private equity
In September 2023, Hurricane Helene tore through the southeast United States, becoming the third deadliest storm in the United States after Hurricanes Katrina and Maria. Communities in and around Asheville, North Carolina, home to the…
Private Equity Climate Risks 2024 Scorecard media coverage
2024 Private Equity Climate Risks Scorecard & Report This scorecard and report reveals the top 21 private equity firms invested in oil and gas and includes a set of climate demands to hold private equity accountable. New research for…
NYC Comptroller pledges to exclude private equity-funded fossil fuel infrastructure from public pension investments
The Private Equity Stakeholder Project praised the comptroller who oversees $285 billion in investments by New York City’s public pension funds for committing to cease future investments in midstream and downstream fossil fuel infrastructure New…
Community and environmental groups aim to halt Commonwealth LNG construction
Kimmeridge-backed Commonwealth LNG project Community and environmental groups Sierra Club, Louisiana Bucket Brigade, and Turtle Island Restoration Network called on the coastal permits to be revoked and filed a lawsuit against the Louisiana Department of Energy and…
Secretive private equity investments emit more carbon emissions than aviation industry
A little-examined part of the economy continues to invest vast sums of workers’ retirement savings in fossil fuels, causing more global warming pollution annually than all the airplanes in the world, according to a new scorecard out today. …
2024 Private Equity Climate Risks Scorecard & Report
The updated Private Equity Climate Risks scorecard and report reveals the top 21 private equity firms invested in oil and gas and includes a set of climate demands to hold private equity accountable. 2024 Private Equity Climate Risks Scorecard…
PESP leads discussion on investor tools to address private equity risks at ICCR Conference
Last week, the Private Equity Stakeholder Project (PESP) presented at the annual Interfaith Center on Corporate Responsibility (ICCR) conference in New York City. ICCR is a coalition of faith- and values-based investors who…
