Updated Enviro Letter 021621

A group of organizations urges KKR to end its financing of fossil fuels and deforestation, demanding a plan for a net-zero energy portfolio and transparency regarding political contributions. The letter calls for the disclosure of Scope 1, 2, and 3 emissions for energy holdings and a commitment that a majority of new energy capital be invested in renewables by 2025, with a total transition by 2030. Additionally, the signatories demand a just transition program for impacted workers and communities and the alignment of corporate lobbying with the 1.5 degree scenario of the Paris Agreement.

• The signatories demand that KKR develop and disclose a plan with incremental benchmarks to transition its portfolio to be pollution-free, including the disclosure and elimination of Scope 1, 2, and 3 emissions for energy and infrastructure funds and energy holdings.
• The letter requests that KKR ensure a majority of new capital for energy investments is directed toward renewable energy by 2025, with the ultimate goal of all new energy investments being in renewables by 2030.
• The coalition calls for KKR to publish its political spending policy and disclose all corporate and executive contributions, ensuring these activities align with the Paris Agreement's 1.5 degree scenario and the Investor Expectations on Corporate Climate Lobbying.
• The document demands the disclosure of a program to ensure a just transition for communities and the workforce impacted by KKR's current fossil fuel holdings, incorporating input from those affected.

APA

Private Equity Stakeholder Project (2021). Updated Enviro Letter 021621. https://pestakeholder.org/wp-content/uploads/2021/03/210216-Organization-letter-to-KKR-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-KKR-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-KKR-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-KKR-on-climate-risk.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }