GHG Emissions  -  August 23, 2021

Hamilton Lane To Offset All 2019 and 2020 Emissions

Hamilton Lane recently announced that it began the process to offset all its operational emissions for 2019 and 2020.

The investment firm is working with ClimateCare on the purchase of these offsets and plans to continue offsetting the emissions from its business activities going forward. Some of the projects that its offset purchasing will fund include a wind project in India and an initiative to improve the energy efficiency and emissions from home kitchens in Bangladesh and Ghana.

“This is an important step for us as a firm, and we are happy to be working with the team at ClimateCare, who have two decades of experience running some of the most innovative and largest voluntary carbon offsetting programs in the world,” Paul Yett, director of ESG and sustainability, said in a statement. “The partnership with ClimateCare allows us to take responsibility for our carbon footprint and is an important step in tackling climate change and improving people’s lives.”

The carbon offsets are the latest development in Hamilton Lane’s corporate sustainability strategy. Recently, the firm has pursued other projects in support of these goals, such as incorporating ESG considerations into its investment processes and relocating its headquarters to a new building in Conshohocken, Penn., that is on track to receive LEED Silver and Fitwel certifications.