Updated Enviro Letter 021621

A group of climate and social justice organizations has called on Riverstone Holdings to end its financing of fossil fuels and deforestation. The letter demands a transition to a net-zero energy portfolio, including the disclosure of Scope 1, 2, and 3 emissions and a commitment to invest the majority of new energy capital in renewables by 2025. Additionally, the signatories urge the firm to disclose all corporate and executive political spending to ensure alignment with a 1.5 degree scenario from the Paris Agreement and to implement a just transition program for impacted workers and communities.

• The signatories demand that Riverstone Holdings transition its portfolio to be pollution-free by disclosing emissions (Scope 1, 2, and 3) for energy and infrastructure funds and current energy holdings, as well as for undeployed capital and future funds.
• The letter requests that Riverstone Holdings ensure a majority of new capital for energy investments is directed toward renewable energy by 2025, with a total transition of all new energy investments to renewables by 2030.
• The coalition urges the firm to publish its political contribution policy and disclose 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 calls for the establishment of a just transition program for communities and the workforce affected by current fossil fuel holdings, requiring input from those impacted during the plan's development.

APA

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