- Lack of consistently high-quality data across all investments
- Unavailability of suitable third-party data or estimates to adequately cover all reporting gaps
- Challenges in pursuing credible and impactful emissions-reduction targets at each company
Bain Capital, LP
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Bain Capital, LP disclosed greenhouse gas emissions of 19.6K tCO2e/year (2023). By scope: Scope 1: 288 tCO2e/year (2023); Scope 2: 16.9K tCO2e/year (2023); Scope 3: 7.3K tCO2e/year (2023). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
19.6K tCO2e/year (2023)
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 288 tCO2e/year (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 16.9K tCO2e/year (2023) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 7.3K tCO2e/year (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 19.6K tCO2e/year (2023) |
| 2022 | 20.2K tCO2e/year (2022 firm operations) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 80% reduction in GHG emissions by EcoCeres fuel compared to traditional fossil fuels
- 77% of Enduring Equity strategy capital invested in companies with GHG emission reduction goals
- 80% less carbon intensive than the MSCI World Index (Enduring Equity strategy)
- Cromwell set a short-term target of a 42% reduction in scope 1, 2, and 3 emissions by 2030, along with a net zero target for new developments by 2030 and 2035 for all assets under Cromwell’s operational control.
- Cromwell released its full scope 3 emissions inventory for the first time, covering its entire supply chain of tenant activities
- Merchants Fleet saw 65% annual growth in clients’ electric vehicle fleets and increased its electric vehicle charging port management services by 117%
- 100% of Merchants Fleet’s internal executive fleet comprises electric vehicles
- Estel building aims to be a model of sustainable modern urban design, with rooftop solar panels providing 34.9% of the building’s electricity and a commitment to sourcing 100% of its energy from renewable sources.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce scope 1 and 2 emissions by 30% by 2026
- Cromwell: 42% reduction in scope 1, 2, and 3 emissions by 2030
📅 Medium-term
- Cromwell: Net zero target across Cromwell’s entire portfolio for scope 1, 2, and 3 emissions by 2045
- Cromwell: Net zero target for new developments by 2030
🔭 Long-term
- Achieve net zero emissions across operations and investments
🌱 ESG Focus Areas
Active governance and stewardshipSustainable Growth and Reducing Climate ImpactFair Employment, Engagement, and Well-BeingDiversity, Equity, and InclusionCommunity Engagement