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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      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
            Brookfield Asset Management

            Mark Carney

            Vice Chair & Head of Transition Investing
            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
            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