The Private Equity Tracker at GEM is part of a multi-organization initiative known as the Private Equity Climate Risks (PECR) project, which investigates the role of the private equity industry in the climate crisis. As a part of this project, GEM analyzes the social and environmental impacts of fossil fuel infrastructure to provide insights on the industry’s role in the climate crisis. GEM collaborates with The Private Equity Stakeholder Project (PESP) and Americans for Financial Reform Education Fund (AFREF) in a research consortium to investigate private equity investments in energy companies and related assets. A key aim of this project is to demand better accountability in the private equity industry through reports and other campaign activities, highlighting discrepancies between private equity firms’ publicly stated Environmental, Social, and Governance (ESG) commitments and their actual investment practices.
The project’s work to date has focused on eight of the largest private equity firms and their involvement in the fossil fuel industry, as summarized in the PECR 2022 Scorecard and Report.
Other organizations that the PECR project partners with include Climate Nexus, Institute for Energy Economics and Financial Analysis (IEEFA), the Carbon Tracker Initiative, The Sunrise Project, and others. The PECR project frequently partners with other outside organizations on research and campaign activities.
This collaboration falls under the Special Projects team at Global Energy Monitor. If you have any questions about this project, please contact the Project Manager, Alex Hurley.