Carlyle pushes for greener portfolio

The new analytic tool, developed by environmental consultancy The Payne Firm, will identify opportunities for operational enhancements that will lead to improved environmental and financial performance before making investments.

William Conway, managing director and co-founder of Carlyle, said, “Our goal is to increase returns for our investors while enhancing environmental performance. We believe that financial performance and environmental improvements are complementary and in the best interests of our investors.”

To develop the screening method, Carlyle, Payne and EDF examined more than 320 current and former Carlyle portfolio companies to identify opportunities to improve efficiency, reduce costs and minimise environmental impacts across areas including greenhouse gas emissions, waste management, water use, priority chemicals and forest products.

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