Industry Task Force

Private Equity Task Force

    About the Task Force

    Private Equity

    The Sustainable Markets Initiative’s Private Equity Task Force brings together leading private equity firms to identify ways that the industry can accelerate progress towards a more sustainable future. Focusing on climate change, nature and sustainability-related metrics for private markets, it leverages expertise within each member firm and works with the other Sustainable Markets Initiative's Task Forces. 

    The Private Equity Task Force was launched in 2021 and is the first-ever CEO-level private equity working group established to consider ways the industry can effect change. 

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    Task Force Objectives

    Accelerating Progress

    With its global presence and operational expertise, the private equity industry is uniquely positioned to advance the transition to a more sustainable future, while working to enhance value and mitigate risk. 

    The Task Force is currently working to identify approaches to: 

    • Integrating climate change-related considerations into the investment process; 

    • Identifying the value of and risks to biodiversity and natural ecosystems and approaches to protecting them; 

    • Bring clarity on sustainability-related metrics for private markets. 

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      News

      Private Markets Decarbonisation Roadmap 2.0

      20 November 2024

      In collaboration with the Initiative Climat International and Bain & Co., the Private Equity Task Force first launched the Private Markets Decarbonisation Roadmap (PMDR) in November 2023 as a tool that enables private equity firms to measure and disclose their assets' decarbonisation evolution. Since its initial launch, the roadmap has experienced extensive adoption and broad engagement across private markets, with numerous industry leaders applying the PMDR to engage with internal and external stakeholders. To learn more and access the PMDR, visit the Bain & Co. webpage .

      To read the press statement on the launch of the Private Markets Decarbonisation Roadmap 2.0, please visit the PRI webpage

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        PMDR report

        News

        Private Markets Decarbonisation Roadmap

        6 November 2023

        In collaboration with the Initiative Climat International and Bain & Co., the Private Equity Task Force has launched the Private Markets Decarbonisation Roadmap (PMDR) as a tool that enables private equity firms to measure and disclose their assets' decarbonisation evolution. To learn more and access the PMDR, visit the Bain & Co. webpage.

        To read the press statement on the launch of the Private Markets Decarbonisation Roadmap, please visit the PRI webpage.

          Private Equity Task Force

          Key Resources

          Note: While the reports available here have been compiled by a number of Private Equity Task Force firms, membership of the Private Equity Task Force does not imply endorsement by all members of the contents of these reports.

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              Climate Working Group Report 24 April 2023

              Valuing Carbon in Private Markets

              This report provides voluntary best practices guidance for private equity firms as they take steps towards valuing carbon in the investment process.

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              Nature Working Group Report 24 April 2023

              Nature Positive: The Next Horizon for Investors

              This report outlines how nature can be both value-accretive and risk-reducing when factored into a business plan and investment cycle.

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              ESG Metrics Working Group Report 24 April 2023

              ESG Metrics in Private Equity

              This report is a private equity practitioner’s guide to selecting relevant and decision-useful ESG metrics. When combined with financial metrics, a targeted approach to ESG metrics helps to support investing and drives sustainable value.

              The private equity industry is increasingly integrating consideration of Environmental Social and Governance (ESG) factors into the investment process. The Task Force’s extraordinary collective reach, together with the operational influence across member firms’ portfolio companies, means private equity is uniquely positioned to help accelerate the transition to a more sustainable future.

              James Brocklebank, Managing Partner & Co-Chair of Advent International’s Global Executive Committee; Chair of the Sustainable Markets Initiative's Private Equity Task Force
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              Task Force Members

              With over $1.5 trillion of assets under management, Task Force members have a powerful platform to drive forward a greater focus on sustainability and ESG. 

              The Private Equity Task Force is made up of members from many of the world’s leading private equity firms including: 

              Advent International

              James Brocklebank

              Managing Partner
              APAX

              Andrew Sillitoe

              Co-CEO
              Bain Capital

              Robin Marshall

              Partner
              Bridgepoint

              William Jackson

              Chairman
              Cinven

              Stuart McAlpine

              Managing Partner
              Clayton, Dublier & Rice

              Dave Novak

              Co-President
              CVC

              Rolly van Rappard

              Co-Founder and Co-Chairman
              EQT

              Christian Sinding

              CEO and Managing Partner
              General Atlantic

              Lord John Browne

              Senior Advisor and Chairman of Climate & Sustainability Investing
              Gulf Capital

              Karim El Solh

              Co-Founder and CEO
              Harbourvest Partners

              Peter Wilson

              Co-CEO
              Hellman & Friedman

              Patrick Healy

              CEO
              Investcorp

              Rishi Kapoor

              Co-CEO
              Investindustrial

              Andrea C. Bonomi

              Founder & Chairman
              PAI

              Frederic Stevenin

              Managing Partner
              Permira

              Kurt Björklund

              Managing Partner
              TPG

              Anne Finucane

              Senior Advisor to TPG Rise Climate Fund
              Towerbrook Capital Partners

              Karim Saddi

              Co-CEO
              Triton

              Peder Prahl

              CEO
              Warburg Pincus

              Charles (Chip) Kaye

              CEO

              Further information

              For Task Force enquiries please contact:

              Email: info@sustainable-markets.org