Updated Enviro Letter 021621
Summary
A group of environmental and social organizations is urging Macquarie Infrastructure to transition its portfolio to net-zero energy, disclose emissions across Scopes 1, 2, and 3, and ensure political contributions align with a 1.5 degree scenario.
Key insights
- The signatories argue that Macquarie Infrastructure is a significant financial actor with billions of dollars invested in fossil fuel assets that cause immediate ecosystem harm and long-term climate impacts.
- The letter demands a transition to a pollution-free energy portfolio, specifically requesting a plan to eliminate Scope 1, 2, and 3 emissions for energy and infrastructure funds, as well as for undeployed capital.
- The coalition sets specific deadlines for new capital deployment, requesting that a majority of new energy investments be in renewable energy by 2025, with a total shift by 2030.
- The organizations call for transparency and alignment in political spending, urging the firm to disclose corporate and executive contributions and to disassociate from trade organizations whose lobbying is inconsistent with the Paris Agreement.
- The letter emphasizes the need for a just transition that includes input from workers and communities disproportionately impacted by climate change, specifically mentioning Black, Indigenous, and low-income communities of color.
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-Macquarie-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-Macquarie-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-Macquarie-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-Macquarie-on-climate-risk.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
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