Ara Partners Releases 2024 Industrial Decarbonization Report
- Editor
- Jun 2
- 1 min read
Whats Happening:
Ara Partners has published its 2024 Industrial Decarbonization Report, highlighting the fund's progress in emissions reduction and waste management across its industrial economy investments. The report showcases the alignment between financial performance and decarbonization efforts in Ara's portfolio companies.
Key Moves:
Ara's portfolio reduced emissions by an estimated 1.7m metric tonnes of CO2 equivalent in 2024
The fund eliminated an estimated 542k metric tonnes of waste in 2024
Ara implemented a carbon operating model in its portfolio company Priority Power
By The Numbers:
1.7m metric tonnes of CO2 equivalent emissions reduced in 2024
542k metric tonnes of waste eliminated in 2024
Ara Partners had approximately $6.2 billion of assets under management as of December 31, 2024
Key Quotes:
"To date, the industrials sector has attracted less than ten percent of all climate-focused capital, despite being responsible for well over half of global CO2 emissions," said Irina Markina, Managing Director and Chief Decarbonization Officer at Ara Partners.
"Ara worked closely with management to align decarbonization outcomes with operational performance, customer delivery, and long-term growth, as demonstrated by the company's 6x revenue growth of their energy management segment and 3x revenue growth in their energy infrastructure segment since 2019," said Troy Thacker, Co-Founder and Managing Partner of Ara Partners.
Bottom Line:
Ara Partners' 2024 Industrial Decarbonization Report demonstrates the fund's success in aligning financial performance with emissions reduction and waste management in the industrial economy. By targeting sectors with high emissions and practical solutions, Ara is creating value while contributing to decarbonization efforts.
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