Updated Enviro Letter 021621

A group of climate and social justice organizations is urging EnCap Investments to end its financing of fossil fuels and deforestation. The letter demands the disclosure of emissions across Scopes 1, 2, and 3, a commitment to invest a majority of new energy capital into renewables by 2025, and the alignment of political spending with the 1.5 degree scenario of the Paris Agreement.

• The signatories demand that EnCap Investments transition its portfolio to be pollution-free by developing a plan with incremental benchmarks, which includes disclosing and eliminating Scope 1, 2, and 3 emissions for energy and infrastructure funds and holdings.
• The letter requests that EnCap Investments ensure the majority of new capital deployed for energy investments is directed toward renewable energy by 2025, with a total transition to renewable energy investments by 2030.
• The coalition calls for the disclosure of political spending by the firm and its executives to ensure alignment with the Paris Agreement's 1.5 degree scenario and the Investor Expectations on Corporate Climate Lobbying.
• The document advocates for a just transition for workers and communities affected by EnCap's current fossil fuel holdings, requiring a disclosed program developed with input from those impacted.

APA

Private Equity Stakeholder Project (2021). Updated Enviro Letter 021621. https://pestakeholder.org/wp-content/uploads/2021/03/210216-Organization-letter-to-Encap-on-climate-risk.pdf

Chicago

Private Equity Stakeholder Project. Updated Enviro Letter 021621. 2021. https://pestakeholder.org/wp-content/uploads/2021/03/210216-Organization-letter-to-Encap-on-climate-risk.pdf.

Wikipedia

{{cite press release |author=Private Equity Stakeholder Project |title=Updated Enviro Letter 021621 |date=16 February 2021 |url=https://pestakeholder.org/wp-content/uploads/2021/03/210216-Organization-letter-to-Encap-on-climate-risk.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{privateequitystakeholderproject2021updated, author = {{Private Equity Stakeholder Project}}, title = {{Updated Enviro Letter 021621}}, publisher = {Private Equity Stakeholder Project}, year = {2021}, month = feb, url = {https://pestakeholder.org/wp-content/uploads/2021/03/210216-Organization-letter-to-Encap-on-climate-risk.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }