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:
- The rollout of renewable energy generation and storage infrastructure at scale.
- The establishment of green hydrogen and biofuels at industrial scale to support those parts of the economy that cannot be electrified.
- The repurposing of existing energy infrastructure to support newer, cleaner technologies.
- The transformation and responsible ownership of carbon-intensive energy infrastructure.
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.
Our Commitment to Net Zero
Stonepeak has made commitments towards a goal of Net Zero 2050 (reducing carbon output consistent with limiting global warming to no more than 1.5°C by 2050) – as signatories to both the Task Force on Climate-Related Disclosures (TCFD) and the Net Zero Asset Managers Initiative (NZAM).
These commitments cover both our operations at the corporate level as well as investment activities across our portfolio and have real-world implications for the way we invest in and steward our assets.
Our steps towards Net Zero are well underway.