Permira — in detail

Full extracted data, every event in the company's history we've captured, and (soon) external news. The full ratios diagnostic with peer benchmarks lives at /ratios.

Reference sources (3/5)

Source documents
Recent disclosure
Multi-year metrics
Targets
Certifications

External news

No ESG-relevant news ingested yet for this company. Run python -m pipeline.news_gdelt to backfill. Sourced from GDELT 2.0 (3-month trailing window).

Data by year· every metric + key events per year

Each year shows the firm's reported metrics on the left and the most material events on the right. Up to 10 events per year; the full event log is one click further.

2024

sustainability report ↗

Climate · carbon footprint (tCO2e)

Scope 1	108
Scope 2 (market-based)	4
Scope 3	32,239
Cat 1 · Purchased goods	19,658
Cat 2 · Capital goods	431
Cat 3 · Fuel + energy	163
Cat 4 · Upstream transport	6
Cat 5 · Waste in operations	53
Cat 6 · Business travel	11,439
Cat 7 · Employee commuting	488
Cat 8 · Upstream leased	0
Gross carbon footprint	32,351
Net carbon footprint	32,351

Energy (kWh)

Renewable electricity %

54%

Social

workforce female pct

36%

P&L highlights (USD)

Headcount (FTE)	530people
Revenue	—

Events 2024· 19

Dependent: Portfolio coverage target for SBTi-validated portfolio companies

Permira has a portfolio coverage target with 5-year and long-term milestones, requiring eligible portfolio companies to set SBTi-validated targets. Eligible companies include all listed equity investments and unlisted PE investments where Permira has a Board seat and funds hold ≥25% equity (companies held less than two years may be excluded). Baseline is 2022.

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SBTi validation of science-based targets

In 2024, Permira received validation from the Science-Based Targets initiative (SBTi) for science-based targets applying to Permira's direct operations and for its eligible portfolio companies to set SBTi-validated targets. Targets use a 2022 baseline.

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Certified carbon credits for avoidance and removals

Permira seeks to further contribute to climate action by investing in certified carbon credits from projects that support carbon emissions avoidance and removals, complementing its validated near-term science-based target for direct operations and portfolio coverage target with 5-year and long-term milestones.

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Primary: Near-term SBTi target for Permira's direct operations

Permira has set an internal near-term science-based target for its direct operations, validated by SBTi in 2024. This covers Permira's own corporate footprint and is part of the firm's commitment to lead by example in operating its business responsibly.

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Permira SBTs validated by SBTi

In January 2024, Permira's own SBTs were validated by SBTi, including a target to reduce scope 1 & 2 GHG emissions by 70% by 2030 from a 2022 baseline, and a portfolio coverage target (100% of eligible PCs by 2040, interim 35% by 2027).

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Climate Investing Framework planned launch

Permira initiated development of an internal climate investing framework in 2023 and plans to launch the Climate Investing Framework in 2025 to help investment professionals assess climate-related investments.

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Added Scope 3 Cat 8 (upstream leased assets)

Permira first reported Scope 3 Category 8 upstream leased assets (0.4 tCO2e) in 2024, expanding the scope of reported categories.

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Co-CEO leadership transition

In September 2024, Brian Ruder and Dipan Patel became Co-Managing Partners and Co-CEOs, and Kurt Björklund became Executive Chairman.

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Nature analytics platform onboarded

During 2024, Permira onboarded a third-party climate and nature analytics platform to screen nature-related impacts, dependencies and location risks pre-investment, and applied this to screen PE and Direct Lending portfolios.

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Madrid office LEED Gold; London BREEAM Excellent renewed

In 2024, Permira's London 80 Pall Mall office renewed BREEAM In-Use Excellent rating; Madrid office obtained Gold LEED certification.

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see 9 more events →

2023

sustainability report ↗

Climate · carbon footprint (tCO2e)

Scope 1	102
Scope 2 (market-based)	4
Scope 3	22,222
Cat 1 · Purchased goods	11,091
Cat 2 · Capital goods	771
Cat 3 · Fuel + energy	197
Cat 4 · Upstream transport	3
Cat 5 · Waste in operations	47
Cat 6 · Business travel	9,693
Cat 7 · Employee commuting	421
Gross carbon footprint	22,328
Net carbon footprint	22,328

P&L highlights (USD)

Headcount (FTE)	500people
Revenue	—

Events 2023· 15

Switched to country-specific spend-based conversion factors

Purchased goods (+32%) and capital goods (+85%) increases primarily due to change in calculation methodology, switching from global to country-specific spend-based conversion factors.

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Primary: Business travel reduction

Business travel accounts for 43% of total emissions (9,693 tCO2e in 2023, +22% YoY). Permira refreshed its Global Travel and Expenses Policy and Environmental Policy Statement in 2023/4 to minimise unnecessary travel and encourage alternatives such as electric/hybrid taxis, public transport (trains) and car sharing.

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Dependent: Portfolio company SBT adoption (scope 3 cat 15)

Permira's SBTi portfolio coverage target commits 35% of eligible PE/listed equity portfolio to set SBTi-validated targets by 2027 and 100% by 2040, measured by invested capital from a 2022 base of 6.6%. By end-2023, 13% of invested capital was covered by SBTi-validated targets with a further 13% formally committed. PE investment, monitoring and value creation teams engage directly with portfolio companies, tracked using an in-house tool.

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Primary: Office energy efficiency in new leases / refurbishments

Key measures for scope 1+2 include purchasing renewable/clean energy at Permira's offices and considering energy efficiency opportunities in new leases and office refurbishments. All sites are asset-light office spaces.

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Dependent: Valuing carbon in PE investment lifecycle

Permira's Managing Partner co-led the SMI PE Taskforce Climate Working Group, publishing guidance on incorporating carbon into PE investment decisions. Permira integrates an approach focused on quantifying portfolio companies' potential exposure to regulated carbon pricing liabilities, performed pre-investment and in periodic portfolio reviews for buyout and growth strategies.

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Permira VIII fund-level energy efficiency plan target

Set fund-level target for proportion of Permira VIII portfolio companies that develop a board-approved energy efficiency plan within 2 calendar years of investment.

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Dependent: ESG margin ratchets in Permira Credit direct lending

As at 31 December 2023, Permira Credit's PCS5 fund had executed eight ESG margin ratchets in total. Climate is embedded within KPIs in different ways including external ESG ratings, GHG emissions reductions (e.g. energy efficiency, fleet efficiency) or submitting GHG targets to SBTi for validation.

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SBTi-validated scope 1+2 reduction target

Permira commits to reduce its absolute scope 1 and 2 GHG emissions 70% by 2030, from a 2022 base year. Target validated by SBTi.

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First inaugural TCFD climate disclosure

This is Permira's inaugural climate disclosure aligned with TCFD recommendations, covering PALLP and PCL TCFD in-scope business.

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Readjustment of 2023 Scope 2 emissions

Readjustments of 2023 data following an external review of Scope 2 emissions.

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see 5 more events →

2022

Climate · carbon footprint (tCO2e)

Scope 1	86
Scope 2 (market-based)	385
Scope 3	17,374
Cat 1 · Purchased goods	8,389
Cat 2 · Capital goods	416
Cat 3 · Fuel + energy	200
Cat 4 · Upstream transport	1
Cat 5 · Waste in operations	40
Cat 6 · Business travel	7,924
Cat 7 · Employee commuting	404
Gross carbon footprint	17,845
Net carbon footprint	17,845