Private-equity firms are under increasing pressure to be more transparent about their massive fossil-fuel holdings and the damage they’re causing to the environment. Since 2010, Carlyle Group, Warburg Pincus and all of the other private-equity firms have collectively invested more than $1 trillion in energy companies, with the lion’s share going to oil, gas and coal, as well as “dirty assets” publicly traded companies have offloaded, according to estimates from the nonprofit Private Equity Stakeholder Project. Most private-equity managers aren’t tracked by financial regulators because private markets are exempt from most public disclosures, says Alyssa Giachino, research and campaign director at PESP. “The industry is operating in the shadows,” Giachino says. “The remedy is transparency.” Read more at the link in our bio or visit: bloomberg.com/green 📷: Chung Sung-Jun/Getty Images AsiaPac