Search our Signatories
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Capricorn Investment Group

Capricorn Investment Group is an investment management firm headquartered in Palo Alto, California with an office in New York. It joined the Net Zero Asset Managers Initiative on 29 March 2021 and its initial target disclosure was published on 1 November 2021.

Initial Target Disclosure: November 2021

Percentage of assets covered by the Net Zero Asset Managers Commitment Statement

73% of total AUM (USD $7.519 billion)

Information on interim target(s) covering the proportion of assets to be managed in line with net zero



Portfolio decarbonisation reference baseline

2020: approx. 500,000t CO2 emissions across Scopes 1, 2 & 3.



Portfolio decarbonisation reference target

30% reduction of GHG emissions

GHG scopes included:

All scopes across portfolio holdings.


Science Based Target initiative for Financial Institutions


SBTi-FI Sectoral Decarbonisation Approach. Where SDA is not applicable, portfolio coverage approach will be used.

Additional information

Proportion of AUM committed:

The proportion included represents the assets over which we have discretionary investment control. We will work with our LPs across our remaining assets, most of which are clean technology companies, to achieve net zero alignment.

This commitment gets 60% of the way to a reduction of GHG emissions by half in 2030.

Policy on coal and other fossil fuel investments:

Full divestment of fossil fuels since 2010. Full exclusion – all holdings. Partial exemption for legacy hydrocarbon assets of utilities rapidly expanding renewable energy.