Carnelian Energy Capital is committed to the highest legal and ethical standards, including effectively and transparently integrating environmental, social and governance (“ESG”) considerations into its investment and monitoring processes.
The guiding principles of Carnelian’s ESG program are highlighted in the acronym “CODE,” which emphasizes community engagement, operating responsibility, diverse perspectives and environmental stewardship. CODE represents relatable and measurable aspects of ESG, fostering the active implementation of sustainable strategies at Carnelian and its portfolio companies.
Carnelian encourages its employees to serve on the boards of, and actively participate in, local service organizations, while Carnelian’s portfolio companies provide significant economic benefits to surrounding communities
Carnelian strives to foster prudent management, controls and oversight throughout the firm and at the portfolio company level
Carnelian is committed to emphasizing unique and differing points of view at the firm and amongst its portfolio companies and to conducting itself with the highest standard of integrity
Carnelian prioritizes environmental considerations across its portfolio companies, continuously striving to implement best-in-class sustainability practices
Carnelian has recently partnered with Second Servings, a local organization that is dedicated to fighting hunger and ending food waste, to facilitate multiple “Popup Grocery Stores” at various community centers and assisted living homes in Houston.