Energy Impact Partners (EIP), a global investment firm custom-built to invest in the energy transition, today published its fifth annual Impact and Environmental, Social, and Governance (ESG) Performance Report. The purpose of the report is to provide transparency and greater understanding of EIP’s mission and approach to accelerate the transition to clean, decarbonized energy. “We are proud to engage with our investors and portfolio companies on their ESG goals and continue to make progress on achieving our own goals internally,” said Hans Kobler, Founder and Managing Partner at EIP. “In our fifth year of producing this report, we marked our most active year ever in terms of deploying capital, engaging with our partners and pressing forward to help create a decarbonized and sustainable energy system.” In 2022, EIP had several notable milestones and invested more than $500 million in 27 companies that are well positioned to form the critical building blocks for the energy transition. In addition, more than 150 ambassadors representing 60+ of our strategic partners participated in EIP evaluations and activities and our portfolio grew to 43 directly measurable companies, which enabled us to more accurately capture our carbon savings. Additional ESG and carbon impact highlights from this year’s report include:
- $500 million was invested in 27 companies along the energy transition supply;
- 422 contracts worth almost $2 billion in bookings have been formed between our companies and our investor coalition since our inception;
- Engaged with 12 partner boards, 21 C-suites and 60 operations teams, and worked together intensively with our LPs, portfolio companies, and industry experts on 16 working groups;
- Transparent carbon saving calculations show a 69% increase in annual carbon savings and 11 million metric tons of projected five-year savings;
- A newly expanded overview of climate technologies and EIP’s portfolio; and
- A complete, documented carbon footprint calculation, including full Scope 3 financed emissions.
Dr. Peter Fox-Penner, Chief Impact Officer at EIP, added, “Last year brought its challenges along with its opportunities, from the fallout of COVID-19 to passage of the Inflation Reduction Act. We saw great success in collaborating with our coalition of strategic investors to double down on the energy transition and make investments designed for speed and scale. We believe that assisting the companies we invest in with improving their ESG attributes will not only contribute to more efficiencies and carbon savings but will also set them up for long-term success.” In 2023, EIP will continue to improve our reporting metrics, expand our investment platform to include additional cutting-edge investments, engage with more of our portfolio companies on their ESG practices, support diverse founders and diversity along the supply chain and contribute a strong voice in the investment community to better advance the clean energy transition. For more information and to view EIP’s ESG and Impact Performance Report, please visit https://www.energyimpactpartners.com/impact/.
About Energy Impact Partners
Energy Impact Partners LP (EIP) is a global investment firm leading the transition to a sustainable future. EIP brings together entrepreneurs and some of the world’s most forward-looking energy and industrial companies to advance innovation. With over $3 billion in assets under management, EIP invests globally across venture, growth, credit, and infrastructure – and has a team of over 80 professionals based in its offices in New York, Atlanta, San Francisco, Washington D.C., Palm Beach, London, Cologne and Oslo. For more information on EIP, please visit www.energyimpactpartners.com.