Worldfavor partners with Northpeak

Sustainability platform Worldfavor has partnered with Northpeak Advisory, an ESG consultancy.

The partnership aims to further assist fund managers with ESG processes and sustainable business growth, providing support with ESG assessments, creating responsible investment frameworks, reporting and regulatory alignment.

Worldfavor connects thousands of organisations globally on its SaaS platform, which provides access to sustainability and compliance data. According to the firm, its services can help optimise portfolio performance and improve supply chain transparency. Fund managers can use the tool to improve ESG valuation processes according to current sustainability frameworks.

Northpeak provides PE firms with ESG solutions and aims to provide a customised approach to each client. The consultancy provides certificates of assessment and implementation, ESG frameworks, reporting services and regulatory support.

“Through our partnership with Worldfavor we can support the sustainable transformation in private markets, and further encourage and enable financial market participants to be positively transformative through the power of change,” commented Petra Dismorr, CEO at NorthPeak Advisory.