Our path to Net Zero

Our commitments

Stonepeak has made strong 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).

We have established measurable and reportable plans to achieve our net zero commitments and implementation is well underway, including:

Measurement and reporting of Stonepeak firm-level GHG footprint (Scope 1, 2, and 3 emissions), and purchasing certified offsets for 100% of greenhouse gas emissions
Firm-level emissions-reduction of more than 50% by 2025 vs. a 2019 baseline
Requiring controlled portfolio companies to track and report GHG emissions
Committing to report emissions and climate risk-related activities via annual TCFD reporting
Establishing Net Zero emissions reduction plans for controlled portfolio companies aligned to appropriate sector or market standards, including interim targets
Attributing a portion of senior management discretionary compensation at both the firm and portfolio company levels towards the achievement of specific emissions reduction goals and other ESG KPIs


Our TCFD report for the calendar year 2021 provides an update on how Stonepeak is managing carbon and climate-related risks and opportunities across our business and investment activities.

View all our reports & policies

Applying Recognized Frameworks

We believe that credible and achievable paths to Net Zero need to be tailored for the circumstances, challenges, and opportunities unique to each region and sector and that Science Based Targets (SBTs) represent a robust third-party verification of credible emissions reductions pathways in line with the Paris Agreement and a 1.5°C Net Zero future.

Where feasible, we seek to utilize SBTs or other recognized frameworks to establish controlled portfolio company emissions reduction plans.