ESG Success Stories: TPG, Carlyle Share Deal Details




Privcap Audio: Private Capital Talk show

Summary: THIS IS AN AUDIO-ONLY VERSION OF A VIDEO INTERVIEW FOUND ON PRIVCAP.COM. VIEW THE FULL VIDEO HERE: How did TPG portfolio company Harrah’s Entertainment save $19 million per year on energy efficiencies? How did Carlyle portfolio company NBTY save $2 million per year on more efficient vitamin-production techniques? In the second of a two-part series, Edward Norton, Senior Advisor to TPG, Beth Lowery, Senior Advisor to TPG, and Bryan Corbett, Principal in the Executive Group of The Carlyle Group, share success stories where ESG principals of environmental, social and governance responsibility are deployed in portfolio companies. Also discussed: How to share “wins” across portfolio companies, a new, free resource provided to private equity firms by the Environmental Defense Fund (EDF), reporting, why even small private equity firms can realize savings via ESG programs, and what Norton learned during a visit to a Las Vegas casino.