Updated Enviro Letter 021621
Summary
A group of climate and social justice organizations has called on Global Infrastructure Partners to transition its multi-billion dollar portfolio to a pollution-free energy system. The letter demands the disclosure of Scope 1, 2, and 3 emissions for current and future holdings, a commitment to invest a majority of new energy capital in renewables by 2025, and the implementation of a just transition program for impacted workers and communities. Additionally, the signatories urge the firm to disclose all corporate and executive political spending and ensure its lobbying activities align with a 1.5 degree scenario from the Paris Agreement.
Key insights
- The signatories argue that Global Infrastructure Partners maintains substantial investments in fossil fuel assets that cause immediate ecosystem harm and long-term climate impacts.
- The coalition demands a plan to eliminate all Scope 1, 2, and 3 emissions for energy and infrastructure funds, as well as energy holdings across all funds.
- The letter requests that Global Infrastructure Partners ensure a majority of new energy investment capital is directed toward renewable energy by 2025, with a total transition by 2030.
- The organizations call for the disclosure of a just transition program for the workforce and communities affected by current fossil fuel holdings, developed with input from those impacted.
- The firm is urged to publish its political spending policy and disclose all corporate and executive contributions to ensure alignment with the Paris Agreement and the Investor Expectations on Corporate Climate Lobbying.
Cite the original document
- APA
- Private Equity Stakeholder Project (2021). Updated Enviro Letter 021621. https://pestakeholder.org/wp-content/uploads/2021/03/210216-Organization-letter-to-Global-Infrastructure-Partners-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-Global-Infrastructure-Partners-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-Global-Infrastructure-Partners-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-Global-Infrastructure-Partners-on-climate-risk.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
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