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.
100% of total AUM
initially committed to be managed in line with net zero
USD $0.365 billion
currently committed to be managed in line with net zero
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”.