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ESG Newsletter

    Private Equity Makes ESG Promises. But Their Impact Is Often Superficial.

    6-Jul-2020 10:10:12 AM

    2020-06-29

    Institutional Investor: Alongside Bono, Richard Branson, and eBay founder Pierre Omidyar, private equity firm TPG launched the Rise Impact fund in 2016. The offering committed “to deliver positive and sustainable impact” while creating a “top-performing fund.” At the time, Bono remarked that “capitalism is going up on trial, and I think that it’s clear that putting profit before people is a nonsustainable business model.”

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    Topics:Global

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