Category Archives: Private Equity

Carlyle's Annual Report Highlights $7 Million in ESG Savings

The Carlyle Group's annual report, released last week, highlights significant savings and environmental impact from the sustainability programs ongoing at Carlyle portfolio companies.  In addition, as Carlyle continues to branch out beyond buyouts it's showing an interest in integrating ESG into investment decisions in other asset classes, beginning with real estate. Environmental initiatives have saved [...]

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EDF’s private equity work highlighted in Environmental Finance

Last week, Environmental Defense Fund (EDF) was featured in Environmental Finance. The piece centers on results from our work with the private equity sector on environmental initiatives like EDF Climate Corps and our ESG Management Tool. Below are a couple interesting excerpts from the article: Creating a competitive advantage When it comes to managing environmental, [...]

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ESG Management Takes Center Stage at SuperReturn Berlin

Last week, I attended Europe’s largest private equity event of the year, where 1,400 of the world’s leading private equity sector professionals gathered to discuss the future of the industry, fundraising opportunities and the economic climate. I spoke at two events: a panel entitled “ESG: Theory vs. Practice – Discerning quality ESG from claims of [...]

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Pitchbook webcast sheds light on ESG trends in private equity

Private equity (PE) firms are increasingly aware of the need for environmental, social, and governance (ESG) management, a trend likely to continue, with 55 percent of firms recently surveyed by PitchBook saying they plan to increase their attention to ESG issues in the future. The biggest challenge that PE firms cited in establishing an effective [...]

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Top 10 Private Equity ESG Developments in 2012

As we close out our first month of 2013, let's look back at the prior year to reflect on the progress the private equity industry has made on environmental, social and governance (ESG) management. In classic fashion, we hereby present a top 10 list of private equity ESG developments in 2012. 1. Private equity reporting [...]

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Blackstone's Solar Program Demonstrates Power of Network Effect

Our hat's off to Blackstone, which recently announced a new solar program. This development has the potential to cut energy costs by 10 percent and improve environmental performance across all the firm's real estate assets and portfolio companies, which have aggregate revenues of $116 billion. Smart Energy Capital will oversee installation of rooftop solar panels [...]

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Impressive new results of KKR's Green Portfolio Program provide important insights for the private equity sector

Today KKR announced the fourth year of results from its Green Portfolio Program (GPP), with portfolio companies saving a whopping $644 million and avoiding more than 1.2 million metric tons of greenhouse gas emissions, 3.4 million tons of waste, and 13.2 million cubic meters of water. We know it has taken a significant amount of [...]

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EDF Releases New ESG Management Tool for Private Equity

We're gratified by the response to our new tool for measuring environmental, social and governance performance in the private equity sector, which for the first time defines the practices needed to build a successful ESG management program and provides a framework to assess and improve ESG management at firms of all sizes. EDF developed the [...]

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AlpInvest CEO Wants to See Private Equity take its ESG Efforts to the Next Level – We’re Developing a Tool for That

We were excited to hear AlpInvest Partners Chief Executive Volkert Doeksen's recent remarks where he urged institutional investors (LPs) in private equity to keep pushing for greater integration of environmental, social and governance (ESG) initiatives into the management of private equity firms (GPs) by focusing their efforts on implementation and results. Incorporating ESG into a [...]

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TPG's New Sustainability Website Highlights Increased Transparency in Private Equity

Four years ago, as EDF was building up our Green Returns project, I landed a meeting with a leading private equity firm to discuss sustainability and possibly participating in our new initiatives. On the train into Manhattan, I looked up the firm's website on my smart phone to find the exact address for our meeting. [...]

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