HgCapital LLP

HgCapital LLP, a financial intermediation services firm based in the UK, has reported its carbon emissions across various scopes. In 2025, the company's total emissions were approximately 7,208,000 kg CO2e, comprising 58,000 kg CO2e of Scope 2 emissions and 7,150,000 kg CO2e of Scope 3 emissions. Scope 1 emissions were negligible in 2025.

Looking at previous years, HgCapital LLP's total emissions were approximately 7,606,000 kg CO2e in 2024 (with Scope 2 at 46,000 kg CO2e and Scope 3 at 7,560,000 kg CO2e). In 2023, total emissions were approximately 3,069,000 kg CO2e, with 20,000 kg CO2e from Scope 1, 40,000 kg CO2e from Scope 2, and 3,009,000 kg CO2e from Scope 3. Emissions in 2022 were approximately 1,519,000 kg CO2e (5,000 kg CO2e Scope 1, 26,000 kg CO2e Scope 2, and 1,487,000 kg CO2e Scope 3). For 2021, total emissions were approximately 291,000 kg CO2e (19,000 kg CO2e Scope 1, 94,000 kg CO2e Scope 2, and 178,000 kg CO2e Scope 3). In 2020, total emissions reached approximately 2,249,000 kg CO2e (38,000 kg CO2e Scope 1, 119,000 kg CO2e Scope 2, and 2,093,000 kg CO2e Scope 3). Emissions in 2019 were approximately 1,656,000 kg CO2e (51,000 kg CO2e Scope 1, 195,000 kg CO2e Scope 2, and 1,410,000 kg CO2e Scope 3). In 2016, Scope 2 emissions were approximately 153,000 kg CO2e and Scope 3 emissions were approximately 7,150,000 kg CO2e, with no Scope 1 data available.

HgCapital LLP has established climate commitments, including a near-term target for a 50% reduction in its firm's Scope 1 and 2 emissions by the end of FY2031 (31 March 2031), using FY2020 as a base year. Furthermore, HgCapital has committed to a net-zero trajectory, aiming for 26% of its private equity investments by invested capital to have set science-based targets by FY2026, and 100% by FY2040, based on a FY2021 baseline. These portfolio targets encompass 85% of total investment and lending activities. The company's Scope 1 and 2 targets are reported as being consistent with reductions required to keep warming to 1.5°C.