EQT AB is a Swedish global investment organization founded in 1994 with $267 billion in AUM. The company’s infrastructure asset management business stands out when it comes to sustainability and climate goals for its operations and portfolio.
As of the end of July 2024, EQT had the least fossil fuel intensive energy portfolio of the 21 firms, with five companies focused exclusively on solar and wind energy and one company with gas-fired power generation assets. EQT instituted Net Zero guidelines for its corporate operations as well as fund investments generally, with the goal of net zero alignment by 2040—though this falls short of the PECR demand of achieving a Net Zero portfolio by 2030.
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While EQT has stated that it will not stop investing in fossil fuel companies, the company’s limited fossil fuel holdings earn it a B on the Scorecard.
17%
Percent of Fossil Fuel Companies In Energy Portfolio
1
Number of Fossil Fuel Companies
0
Emissions from Upstream Operations
0
Emissions from LNG Terminals
0
Emissions from Coal-fired Power Plants
0
Total Est. Annual Emissions (upstream, LNG, coal)
13%
Percent of Demands Met
B
2024 Scorecard Grade
