North Sky Capital, LLC
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Investments directly reduce harmful emissions, pollution and raw material usage (including water) or increase the use of renewable or recyclable resources
- More than 1.2 million high quality job hours and approximately 1 GW of renewable energy production capability created.
- Investments in clean energy infrastructure projects
Social Achievements
- Seeking to create attractive investment returns and high-paying construction, operations and maintenance jobs for hard-working Americans and Canadians
- Adherence to labor laws, basic human rights standards, and promotion of diverse, healthy and safe working conditions.
- Investments that directly benefit society, often by improving health, wellness or access to resources such as food, housing, healthcare, transportation, education and good paying jobs
Governance Achievements
- Seek to highlight the importance of a corporate governance framework that promotes transparent and efficient practices.
- Proper compliance with applicable laws (particularly related to anti-bribery, political contributions and remuneration), transparent and accurate disclosure of corporate matters and board member accountability
Climate Goals & Targets
Environmental Challenges
- Concerns about flaws in the design and implementation of the Opportunity Zone program, perceived abuse by certain public and private sector actors and potential negative impacts from certain real estate OZ strategies
Mitigation Strategies
- Designed and launched a QOF strategy that would meet their tax, investment and impact objectives. The goals for this strategy are to (1) earn an attractive investment return, (2) move our country’s energy, waste and water infrastructure towards a more sustainable future and (3) boost economic development and job creation in QOZs.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN SDGs
UN Sustainable Development Goals
- 2
- 3
- 4
- 6
- 7
- 9
- 11
- 12
- 15
Investments are typically diversified across a multitude of industries such as renewable energy, energy storage, transportation, water, sustainable agriculture and healthy living.