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 60% 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 reduction targets for its operations. Although specific emissions data for the most recent year is not available, the company has committed to reducing its Scope 1 and Scope 2 emissions by approximately 12% each year from 2021 to 2025. This follows a structured approach that included a 2% reduction annually from 2006 to 2015 and a 4% reduction from 2016 to 2020. These targets reflect Platinum Equity's commitment to sustainability and align with industry standards for climate action. The company has not reported any Scope 3 emissions data, indicating a focus on direct and indirect emissions from its own operations and energy use. Overall, Platinum Equity's climate initiatives demonstrate a proactive stance towards reducing its carbon footprint and contributing to broader environmental goals.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Platinum Equity has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
