In 2023, Investcorp launched Climate Solutions Investment Platform at COP28, a growth equity fund with a target size of $750 million, anchored by Mumtalakat. In December 2023, Investcorp’s infrastructure platform joined a consortium developing ADNOC’s large-scale $2.2 billion sustainable water project. In April 2024, Investcorp joined the Sustainable Markets Initiative Private Equity Task Force, which identifies ways the industry can progress towards a more sustainable future, focusing on climate change, nature, and sustainability-related metrics for private markets. In the 2023 financial year ended June, the company derived approximately 29% of its energy consumption from renewable or low-carbon sources.