AUM: $758 Billion
CEO: Henry Kravis & Joseph Bae
HQ: New York, NY
What Changed: KKR maintained an expansive fossil fuel portfolio since the 2024 scorecard analysis. The inclusion of its significant power plant portfolio contributed to the firm’s overall increase in emissions, its large percentage of fossil fuel power generation score, and its overall grade decrease from a “C” to a “D”.
With investment in nearly 200 fossil fuel assets emitting roughly 93 million metric tons of greenhouse gasses annually, KKR’s emissions are 6,500 times higherthan disclosed.
Buyout giant Kohlberg Kravis Roberts & Co. (KKR) wields over $553 billion in assets under management, positioning itself as a global financial behemoth hugely invested in the energy sector. This report finds substantial investments in the fossil fuel sector, suggesting a significant misalignment between KKR’s public commitments on managing climate risk and its investment actions.

Updated: April 2024
KKR might claim to prioritize environmental responsibility, but with a staggering 78% of their energy portfolio companies rooted in fossil fuels, the numbers tell a different story.
This report spotlights three prominent KKR gas investments, showcasing a pattern of repeated environmental violations, failure to obtain community consent, a lack of accountable business practices, and significant cost overruns.
