Platinum Equity, a leading global investment firm, is headquartered in the United States and operates across various regions, including North America, Europe, and Asia. Founded in 1995, the firm has established a strong presence in the private equity industry, focusing on acquiring and managing businesses across diverse sectors such as technology, manufacturing, and distribution. With a unique approach to operational improvement, Platinum Equity is renowned for its ability to enhance the performance of its portfolio companies. The firm’s core services include mergers and acquisitions, operational management, and strategic consulting, which collectively drive value creation. Notable achievements include a robust track record of successful investments and a reputation for delivering strong returns, positioning Platinum Equity as a formidable player in the competitive landscape of private equity.
How does Platinum Equity's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Platinum Equity's score of 26 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Platinum Equity, headquartered in the US, has set ambitious carbon emissions reduction targets, focusing on both Scope 1 and Scope 2 emissions. The firm aims for a 12% reduction in absolute emissions each year from 2021 to 2025. This follows a structured approach, having previously targeted 2% reductions annually from 2006 to 2015 and 4% from 2016 to 2020. While specific emissions data for the most recent year is not available, Platinum Equity's commitment to reducing its carbon footprint is evident through its systematic reduction initiatives. The company is on track to achieve its near-term goals, which are detailed in its 2021 ESG Report. As of now, there are no emissions data cascaded from a parent or related organization, indicating that Platinum Equity is independently managing its climate commitments. The firm’s proactive stance on climate action aligns with industry standards, reflecting a growing trend among corporations to address climate change through measurable targets and accountability.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Platinum Equity is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.