EV Private Equity
EV Private Equity is a technology-focused impact investor. EV Private Equity joined the Net Zero Asset Managers Initiative in November 2021 and made its Initial Target Disclosure in November 2022.
Percentage of assets covered by the Net Zero Asset Managers Commitment Statement
100% of total AUM (USD $0.365 billion)
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Baseline(s):
0% of portfolio companies setting a Science Based Target.
Target(s):
EV Private Equity commits to 40% of its eligible private equity investments by invested capital setting SBTi validated targets by 2025, and 100% of its eligible private equity investments by invested capital setting SBTi validated targets by 2030.
GHG scopes included:
Please refer to the following sections of EV’s 2021 Sustainability Report
– Pages 30 and 31: the framework utilised by EV Private Equity and its portfolio companies for reporting on Scope 1, 2 and 3
– Page 18: Scope 3 categories reported by EV Private Equity’s portfolio companies
Methodology:
Science Based Target initiative for Financial Institutions
Scenario(s):
As validated by SBTi (in line with a 1.5°C trajectory).
Additional information
Policy on coal and other fossil fuel investments:
Our mandate for the next investments excludes fossil fuel. See also our Impact Pledge in our 2021 Sustainability Report
Further information:
Sustainability Report
SBTi Companies Taking Action – filter by “EV Private Equity”.