Singapore, 30 August 2021 Everstone Group (Everstone) has become a signatory to the Carbon Disclosure Project (CDP) and believes that the transition towards a carbon-neutral economy will help avoid the catastrophic effects of climate change.
CDP is a global non-profit that runs the world’s leading environmental disclosure platform and holds the largest TCFD-aligned environmental database in the world. The insights from the CDP database will help asset owners and investors assess various climate-related risks and their opportunities.
Alok Oberoi, Executive Chairman, The Everstone Group, stated , “We believe that early action on climatic risks would not only reduce operational and market risks, but improve credit ratings too. We hope that the CDP’s guidelines will help our portfolio companies to develop a framework to manage climatic actions better.”
About Everstone Group
Everstone is a premier investment group focused on India and South East Asia, with assets of ~ US$6 billion across private equity, real estate, credit, green infrastructure, and venture capital. Everstone has a significant resource base across its eight offices in Singapore, India (Mumbai, Delhi, Bangalore), London, New York, Mauritius, and UAE, comprising best-of-breed investing, operations, and strategic resources with significant experience and skills. For more information, visit www.everstonecapital.com and
CDP is a global non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$106 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020. This is in addition to the over 920 cities, states and regions who disclosed in 2019, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition. Visit https://cdp.net/en or follow us @CDP to find out more.