Updated Enviro Letter 021621

A group of climate and social justice organizations has issued a formal demand to Warburg Pincus to end its financing of fossil fuels and deforestation. The letter calls for the firm to disclose emissions for current and future energy holdings, shift new energy capital to renewables by 2025-2030, and ensure political contributions align with a 1.5 degree scenario. Additionally, the signatories demand a just transition program for workers and communities impacted by the firm's fossil fuel assets.

• The signatories assert that Warburg Pincus holds billions of dollars in fossil fuel assets that cause immediate ecosystem harm and long-term climate impacts, and they demand the firm shift its portfolio toward a pollution-free energy system.
• The letter demands a specific timeline for new energy investments: a majority of new capital should be in renewable energy by 2025, with a goal of 100% renewable energy investments by 2030.
• The coalition requests full disclosure of Scope 1, 2, and 3 emissions and elimination plans for energy and infrastructure funds, as well as for undeployed capital and future funds.
• The signatories call for transparency and alignment in political spending, urging Warburg Pincus to disclose corporate and executive contributions and ensure they align with the Paris Agreement's 1.5 degree scenario and the Investor Expectations on Corporate Climate Lobbying.
• The letter demands the establishment of a just transition program for the workforce and communities 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-Warburg-Pincus-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-Warburg-Pincus-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-Warburg-Pincus-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-Warburg-Pincus-on-climate-risk.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }