How to carbon footprint a private equity portfolio - new case study by South Pole Group, PRI and AP6

While asset owners are increasingly committing to measuring and disclosing the carbon footprint of their listed investments1 , they had not yet addressed the challenge of carbon footprinting their unlisted investments. This is because few private companies measure and report their carbon emissions.

With the help of South Pole Group, Swedish pension fund AP6 has conducted the first assessment of the climate impact of its investments in order to measure the carbon footprint of its portfolio. The analysis is now being used as a basis for dialogue with portfolio companies, as well as for engagement within the sector. AP6 has already engaged with a number of their portfolio companies and funds on their climate change strategies and carbon emissions data.

"The private equity sector needs relevant comparisons and clear objectives in order to reduce its climate change related risks, as well as its overall climate impact," says Margareta Alestig Johnson Deputy Managing Director with Responsibility for Sustainability at AP6.