ESG 2022 In Numbers - Global Infrastructure Partners
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ESG 2022 In Numbers


48.6 TWh

Of renewable energy generation2


Metric tonnes of CO2e avoided through renewable energy2,3


Of portfolio companies track Scope 1 & 2 GHG emissions data4


Have net zero targets, 82% have GHG emission targets


Of portfolio companies currently TCFD aligned in reporting


Green financing across the GIP portfolio5

Approximately $18bn invested and/or committed in renewables. Current ownership interests in 18 GW of operating renewable assets, 22 GW of operating / construction royalty interests and ~187 GW under construction or in development.6


< 1.0

Lost Time Injury Rate across the portfolio, for the second year


Of portfolio companies have employee engagement programs


Average gender diversity across portfolio companies


Of portfolio companies perform gender gap analysis


Of portfolio companies collect wider diversity data

$ 32.1m

Portfolio companies’ contributions to charities & local communities



Of portfolio companies have a Code of Conduct, 94% have a Supplier Code of Conduct


Of portfolio companies adhere to minimum GIP cybersecurity standards7


Of portfolio companies have Emergency Response Plans and conduct drills


Of portfolio companies’ Boards have 30% diversity or more8


Of portfolio companies have ESG committees, 62% have ESG-linked remuneration


Of portfolio companies publicly report on ESG performance


1. Extract from GIP’s ESG reports shared with Investors. Statistics shown represent aggregate portfolio data for GIP’s Flagship Funds (GIP II, GIP III and GIP IV), GIPA I and II, GIP EM, SMAs and Continuation Funds as of 31 December 2022, unless otherwise stated. Percentages based on number of portfolio companies.
2. In addition, SunPower has enabled the installation of solar projects that generated ~27 TWh renewable energy which is estimated to have avoided 19 million metric tonnes of CO2e for its customers in 2022.
3. Where reported data is not available, avoided emissions are estimated by ICE Data Services. ICE Data Services utilizes a similar methodology to how portfolio companies calculate avoided emissions, based on renewable energy generation data and location-specific grid mixes.
4. GIP recognizes the importance of understanding our own carbon footprint as well. We have measured our Scope 1, 2 and 3 (business travel) emissions internally since 2019 across all offices. For 2021 and 2022, we estimate that our Scope 1 & 2 emissions were 330-350 tonnes CO2e per year. Our measurement methodology is based primarily on actual data. A conservative approach has been taken for the application of conversion factors and data estimation (where required due to a lack of reported data). Therefore, a range has been provided.
5. As of 30 September 2023. Green finance is debt issued in green format that has been independently verified by a third-party advisor or bank. Excludes direct financing of renewables, which would include all assets in Renewables sector.
6. Reflects capital invested and/or committed to investments in the renewable energy sector across the GIP platform, including co-investments, as of 30 June 2023.
7. Based on the US National Institute of Standards and Technology Cybersecurity Framework.
8. As of 31 March 2023. Represents GIP’s Flagship Funds (GIP II, III and IV) only. Recent GIP V investments are excluded. When considering other funds and strategies (i.e. GIPA I and II, GIP EM, SMAs, Continuation Funds and GIP Core (including Vantage Towers)) as well, 54% of companies’ Boards have 30% diversity or more. Gender diversity is defined as Boards that include at least one woman. Ethnic diversity is defined as Boards that include at least one ethnic minority group, based on the geography of the portfolio company.