May 23, 2018

Tuck Team Helps New Energy Capital Develop Greenhouse Gas Impact Report

By Pooja Yadav T’18

By Katrina Goulden T’18

One of the main reasons I chose Tuck was that I firmly believed the school would provide me with unique, meaningful experiential learning opportunities. I have not been disappointed.

One of the most notable experiential learning projects I worked on was with two of my classmates, Josh Hotvet and Kate Barnett, through a partnership between the Revers Center for Energy and the Center for Business, Government & Society. Our group worked alongside a Hanover-based private equity company, New Energy Capital Partners, which invests in renewable energy infrastructure and assets. New Energy Capital came to Tuck looking for support in the development of their annual Greenhouse Gas Impact Report. The three of us came to Tuck with backgrounds in consulting, analytics, and operations and were eager to dive into the task of assessing the carbon abatements of the New Energy Capital portfolio companies.

While many companies in today’s climate-oriented business landscape assess their own respective carbon footprints, few private equity companies are reporting on the carbon footprint of their investments. Not only does this make New Energy Capital a pioneer in their field, it also led to an interesting project for our group of Tuckies to tackle.

Over the course of our first year at Tuck, our team conducted research on best practices for measuring, reporting, and attributing carbon abatement, aggregated and analyzed data from New Energy Capital’s portfolio companies, calculated the respective carbon abatement of each portfolio company, and developed a report summarizing the total carbon abatement for the year.

Throughout the project, we met with New Energy Capital to share best practices from our research, review the calculations and drafts of the report, and ultimately present our final product.

A public version of our final report is available here.