Supporting Efforts to Safeguard Iconic Landscapes for People and Nature
Warburg Pincus LLC has supported the Conservancy’s efforts to safeguard valuable places in some of North America’s most spectacular landscapes. Warburg Pincus’ contributions to the Conservancy are part of the firm’s ongoing commitment to responsible investing that encourages environmental sustainability, social responsibility, and effective corporate governance. Since 2012, the firm and its portfolio companies have contributed $4.7 million to help secure close to 500,000 acres of forests, mountains, grasslands, and rivers that now provide connected habitat for wildlife and world-class outdoor recreation for millions of people. The impact of the firm’s gifts can be counted in acres conserved and species saved, but also in the fresh air, open space, clean water, and spectacular vistas we and future generations will enjoy.
Highlights of work made possible by support from Warburg Pincus:
• Most recently, Warburg Pincus and several of its portfolio companies helped the Conservancy safeguard 2,500 acres in the Davis Mountains, an iconic part of Texas’ natural heritage. The Davis Mountains are home to black bears, mountain lions, and golden eagles, and some other species found nowhere else on the planet. The project protects the majestic Sawtooth Mountain and high-altitude refuges, and included easements for private lands, an important conservation tool in Texas where the vast majority of land is privately-owned.
• Previously, Warburg Pincus helped the Conservancy leverage state and federal funding for the conservation of Cheat Canyon in West Virginia. Cheat Canyon attracts visitors from across the East Coast for its outstanding recreation and spectacular views. A gift from Warburg Pincus and its portfolio company Antero Resources helped conserve 3,800 acres of forests and streams and link together the surrounding landscapes so that endangered species have a much better chance of surviving. The awe-inspiring canyon, popular for rafting and fishing, was featured in The Nature Conservancy Magazine in 2016.
• The first gift from the firm provided the capstone to a 20-year-long effort to protect the Flathead River Watershed in British Columbia, Canada. Flowing south from lush forests, down along the edge of Montana’s Glacier National Park, the Flathead River is a vital water source for the Crown of the Continent—10 million acres of wilderness that still harbors a full suite of North American species, including lynx, grizzly bear, and elk. Thanks to the critical timing of the firm’s contribution, the Conservancy protected 430,000 acres, the largest remaining parcel, to secure the watershed, which provides clean water to approximately 100,000 people on both sides of the U.S./Canada border.