Anthesis Supports the Institutional Investors Group on Climate Change (IIGCC) to Develop New Net Zero Guidance for the Private Equity Industry

Date Posted:Tue, 16th May 2023

Anthesis Supports the Institutional Investors Group on Climate Change (IIGCC) to Develop New Net Zero Guidance for the Private Equity Industry

Anthesis, the Sustainability Activator, is proud to have supported IIGCC (the Institutional Investors Group on Climate Change) to deliver new net zero guidance for the private equity sector. The guidance provides a global and cohesive framework for general partners and limited partners to pursue net zero in the private equity industry, with an emphasis on achieving the decarbonisation of portfolio companies.

 

IIGCC selected Anthesis to facilitate a focus group of leading practitioners within the industry and take the lead in writing net zero guidance that appropriately reflects the unique attributes of private equity investing.

The guidance aims to standardise target setting, engagement and reporting between LPs, GPs and portfolio companies to catalyse climate-related action across the private equity industry.

The new guidance – Net Zero Investment Framework Component for the Private Equity Industry – provides a global and cohesive framework for pursuing net zero in the private equity industry, with an emphasis on achieving decarbonisation of portfolio companies.

The guidance is intended to support any private equity investors who are active in buyout, growth, and associated strategies.

The development of the new guidance was led by IIGCC with significant support from Ceres and Anthesis. Select GPs and LPs representative of the market, including different strategies, geography and size, also provided inputs.

The guidance forms the private equity component of the Net Zero Investment Framework, taking the total number of asset classes covered to six.

Integrating climate change risk and opportunities in private markets

The guidance takes into account the unique characteristics of the private equity asset class and provides an avenue to progress the integration of climate change risks and opportunities into private equity investment. In doing so, the guidance aims to catalyse climate-related action across the private equity industry.

Further details of the guide and the collaboration with the IIGCC can be found here:

https://www.anthesisgroup.com/anthesis-supports-iigcc-to-develop-new-net-zero-guidance-for-private-equity/

See the full release from IIGCC here

For more information on how Anthesis can help your organization in your sustainability journey please feel to reach out to Anthesis Middle East;

Charles Faulkner - Director

Anthesis Middle East

Charles.faulkner@anthesisgroup.com