Man-made climate change and the need for rapid and socially equitable decarbonization presents a generational challenge. We believe this presents an unprecedented opportunity for investment in technology and infrastructure which will support a complete overhaul of one of the most important sectors in the world.
We believe a successful global energy transition will require trillions of dollars of capital in key areas:
As a global investor in essential infrastructure, we own and operate assets in the industries that are central to both solving this complex challenge and creating the groundbreaking solutions that will be required to facilitate a carbon neutral future.
We recognize our important role and responsibility in the transition and are fully engaged in this mission on behalf of all our stakeholders.
Synera is a leading Taiwanese offshore wind developer with an offshore wind portfolio of 7GW. The company is applying its expertise to renewables projects in neighboring countries including Japan and South Korea, through strong local partnerships.
Venture Global's carbon capture and sequestration (CCS) facilities at the company's Calcasieu export and liquefaction plant is expected to sequester ~500,000 tons of carbon per year, the equivalent of removing nearly 100,000 cars from the road each year for 20 years.
Lineage, one of the world’s largest temperature-controlled warehousing company, has committed to be net-zero carbon across its business operations by 2040 – 10 years ahead of the Paris Agreement.
TRAC has deeply embedded sustainability into its operations through its focus on recycling, waste mitigation, and carbon reduction.
euNetworks is driving greater alignment between its ESG goals and day-to-day operations through its sustainability-linked debt financing focused on key social and environmental performance targets.
Actively managing climate-related risks and opportunities across our portfolio is also a key tenet of our approach to sustainability, for each of the sectors in which we invest. Examples include, where relevant, implementing GHG emission intensity reduction plans, measuring Scope 1 and 2 GHG emissions, and seeking to enhance management’s accountability to sustainability outcomes.
We believe that incorporating these considerations in a holistic and consistent manner, tailored to industry and asset-specific circumstances, helps build a resilient portfolio and supports our goal of achieving attractive risk-adjusted returns.
Our sustainability report for the calendar year 2023 provides an update on how Stonepeak is managing carbon and climate-related risks and opportunities across our business and investment activities.