Capstone Goes Carbon Neutral
April 22, 2021 — This Earth Day, Capstone announced its plan to make 100% of its operations carbon neutral by the end of 2021. The commitment reflects Capstone’s focus on becoming a more sustainable organization and helping its clients spot and understand opportunities to decarbonize and drive long-term, sustainable growth and investment returns. Capstone’s commitment is rooted in a deep belief that what is good for the environment is also good for business.
To achieve carbon neutrality, Capstone will focus on areas including greening its power consumption, reducing travel emissions, using sustainable procurement practices, and purchasing carbon credits to neutralize our carbon footprint. Capstone is pleased to help lead by example, particularly as it expands Capstone Clean Energy Advisor global sustainability and climate policy strategy and due diligence efforts—led by Capstone Director Stephanie Grumet and Managing Director Eric Sheriff—which will focus on helping clients innovate, recognize policies to help them reduce their carbon emissions, and drive profit.
“On this Earth Day we are more dedicated than ever to fight climate change, by reducing our own emissions and by helping our clients to do the same,” said David Barrosse, chief executive officer of Capstone. “While COVID-19 has been an unprecedented challenge, we’ve drawn inspiration from humanity’s renewed focus on the health of our colleagues, families, friends, and neighbors. We’ve never been more confident that our brightest days are still ahead and are happy to be a part of the community building that future. We are encouraged to see so many in the investor community playing their part.”
The company will partner with Natural Capital Partners for its carbon assessment and strategic advice to reach carbon neutrality by the end of 2021. Natural Capital Partners will also be able to provide carbon offsets and energy attribute certificates tailored to Capstone meeting its carbon-neutral goal.