Updated Enviro Letter 021621

A group of climate and social justice organizations has issued a formal demand to TPG Capital to end its financing of fossil fuels and deforestation. The letter calls for the firm to develop a net-zero energy portfolio, disclose Scope 1, 2, and 3 emissions for energy holdings, and ensure a just transition for impacted workers and communities. Additionally, the signatories urge TPG Capital to publish its political spending policies and ensure that lobbying activities by the firm and its portfolio companies align with a 1.5 degree scenario from the Paris Agreement.

• The signatories demand that TPG Capital transition its portfolio to be pollution-free, specifically requesting that a majority of new energy investment capital be directed toward renewable energy by 2025, with a total transition by 2030.
• TPG Capital is called upon to disclose emissions across Scope 1, 2, and 3 for its energy and infrastructure funds, as well as for its energy holdings across all funds, and to create a plan to eliminate these emissions.
• The letter requests that TPG Capital disclose its political spending and the spending of its executives and portfolio companies, ensuring alignment with the Paris Agreement and the Investor Expectations on Corporate Climate Lobbying.
• The coalition demands the disclosure of a program to ensure a just transition for the workforce and communities affected by TPG Capital's current fossil fuel holdings, incorporating 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-TPG-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-TPG-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-TPG-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-TPG-on-climate-risk.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }