Private equity escapes climate scrutiny

Private equity houses continue to resist calls for greater disclosure of the emissions they fund, raising concerns that privately held companies are becoming a haven for fossil fuel assets.

A report by index provider MSCI finds that there is not enough evidence yet to conclusively back recent claims that buyout firms are contributing to the longevity of non-renewable energy sources, but it did conclude that regulators are unlikely to tolerate the lack of disclosure for long.