EIG Global Energy Partners

EIG Global Energy Partners (EIG) ranked as the most polluting private equity firm in the 2024 scorecard—its carbon-intensive portfolio is estimated to emit 271.8 million tons CO2e annually.

EIG is led by Chairman and CEO R. Blair Thomas, was established in 1982, and is the self-proclaimed “leading institutional investor in the global energy and infrastructure sectors.” The firm has $24.9 billion in AUM as of the end of June 2024 and has invested over $47.9 billion in energy projects over the past 42 years—with 23 fossil fuel companies in its portfolio as of the end of July 2024. EIG is invested in six LNG Terminals and eight upstream oil and gas companies. The firm’s 2024 acquisition of the Brazilian company, Ocyan, a company that specializes in Floating Oil Production, Storage and Offloading (FPSO) is said to be the first of as many as 20 potential deals in the energy sector in Brazil.

Read the Full Report and View 2024 Scorecard

EIG only met 15 percent of the Climate Demands as outlined in this scorecard. While the firm is a long way from transitioning to a cleaner energy portfolio, it does disclose its energy portfolio, its emissions, and commits to increase investment in clean energy. EIG ranks last of all the firms in this scorecard, earning an F.