At Blackstone, we believe that the key to improving sustainability is tying it to the company’s bottom line. This pioneering approach to sustainability has allowed us to deliver outsized savings and improve energy efficiency across our portfolio companies.
Blackstone’s approach to sustainability is directly tied
to our business mission. By more efficiently managing
energy and water use, and reducing waste across our
portfolio of companies, we can achieve significant cost
savings that create value for those companies and, in
turn, our investors. This also delivers benefits to all
stakeholders in terms of environmental sustainability.
In short, we pursue measurable, action-oriented
operational interventions that improve a company’s
bottom line and its impact on the environment. We
consistently stick to this simple formula.
We care more about impact and less about popular
jargon. Surprisingly, we find we can move fastest and
have the deepest impact by framing these efforts as
part of our broader mandate to improve a company’s
operations rather than applying labels such as “green ”
or “sustainable ” that cause some managers to tune out,
compartmentalize, or bucket these efforts as tangential,
rather than mission critical.
The Blackstone Charitable Foundation is committed to supporting the communities in which we work and live. Through the Blackstone Connects program and our general Grants & Giving, the Foundation supports organizations dedicated to improving the economic and social conditions of communities in need.