Approximately $18bn invested and/or committed in renewables.⁷ Current ownership interests in 21 GW of operating renewable assets, royalty interests in 23 GW of operating / construction projects and ~176 GW under construction or in development assets⁸

Notes:

^1. Extract from GIP’s ESG reports shared with Investors. Statistics shown represent aggregate portfolio data for GIP’s Flagship Funds (GIP II, III, IV and V), GIPA I and II, GIP Core, GIP EM, SMAs and Continuation Funds as of 31 December 2023, unless otherwise stated. Percentages based on number of portfolio companies.
^2. 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.
^3. As of 31 December 2023. Assessed based on forecast Scope 1 & 2 GHG emissions performance and interim target alignment with either a (i) science-based transition pathway – e.g., IEA scenarios or a best-in-class sector pathway, at least to 2030; or (ii) the net zero targets of GIP’s JV partners applicable to the asset (e.g., Gladstone LNG, QCF, Columbia Pipeline Systems) have been considered by GIP to be aligned with good practice (e.g., interim target(s) in place), GIP has not assessed alignment of those targets with a science-based or best-in-class sector pathway.
^4. Assessed based on historic and current Scope 1 & 2 GHG emissions performance. Excludes companies that do not have targets and/or are not operational.
^5. GIP recognizes the importance of understanding our own carbon footprint as well. We have measured our Scope 1, 2 & 3 (business travel) emissions internally since 2019 across all offices. For 2022 and 2023, we estimate that our Scope 1 & 2 emissions were 340-350 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.
^6. As of 31 July 2024. Green finance is debt issued in green format that has been independently verified by a third-party advisor. Excludes direct financing of renewables, which would include all assets in Renewables sector. Excludes Naturgy as GIP was not involved in the structuring of its €8 million sustainable financing.
^7. Reflects capital invested and/or committed to investments in the renewable energy sector across the GIP platform, including co-investments, as of 31 March 2024.
^8. As of 31 December 2023.
^9. Created based on the US National Institute of Standards and Technology Cybersecurity Framework and the Center for Internet Security Critical Security Controls.
^10. As of 31 March 2024. Represents GIP’s Flagship Funds (GIP II, III, IV and V) only. When considering other funds and strategies (i.e., GIPA I and II, GIP EM, GIP Core, SMAs and Continuation Funds) as well, 51% 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.