Private equity must address climate change risk

by Krystal Scanlon 8 June 2021

According to a new report, the private equity industry must prioritise risk mitigation related to climate change now, in order to progress to a net-zero emissions future.

The Changing Climate for Private Equity report, published by sustainability nonprofit Ceres and The SustainAbility Institute by ERM, sought to understand how deeply climate-related expertise is embedded within PE firms, and to explore what climate performance expectations they impose on their portfolio companies.

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