Login Newsletter Subscribe Search

ESG update

AIMA CEO Jack Inglis: Community and interconnectedness have never been more important

AIMA’s CEO Jack Inglis was appointed as HFC’s chair in January 2020. He reveals how the charity responded to initial fundraising challenges brought about by the pandemic, the uncomfortable positions he found himself in, and why HFC plays such an important role in building a peer-based community

BC Partners joins Partnership for Carbon Accounting Financials

Membership marks the first private equity firm to join the PCAF

GHO promotes Rankine to sustainable investing director

Rankine will lead the integration of ESG considerations throughout the GHO investment process

MSCI and Burgiss launch Carbon Footprinting tool

Tool combines private company data from Burgiss with modelling developed by MSCI ESG Research for estimating corporate carbon emissions

LPs increasingly aware of data gaps in ESG reporting

The quality of ESG reporting is improving in private equity, but not enough areas are being covered

The Drawdown Awards 2021: Winners announced

Congratulations to the winners of our recent 2021 Drawdown Awards

SS&C launches ESG reporting solution

"We see the growing manager and investor demand to incorporate ESG metrics into client reporting at the manager and portfolio level."

Carlyle secures €2.3bn ESG-linked facility

Revolving credit facility is linked to boosting board diversity, tackling climate change and ESG-competent training

Domicile watch: August 2021

Key takeaways from the major PE domiciles: including the FCA's third consultation paper on UK IFPR, Guernsey's appointment of a strategic adviser for green and sustainable finance and Hong Kong's SFC amended fund manager code of conduct

CGE receives B Corp certification

The status confirms the firm’s high social and environmental standards, as part of its broader investment strategy and activities

ICG secures €1.45bn ESG-linked sub-line

Facility was provided by Standard Chartered Bank, BNP Paribas, ANZ Banking Group, ING Bank, and Royal Bank of Canada

The Drawdown Awards: GP finalists announced

We are pleased to present the GP finalists for The Drawdown Awards 2021

The Drawdown Awards 2021: Finalists Announced

Thank you to everyone who entered, and a massive congratulations to all those that made the shortlist

Lack of standardisation biggest threat to ESG

“Without one standardised framework for reporting standards, we will continue to see firms mixing and matching various guidelines, hindering long-term process in the area.”

KPMG joins campaign for reporting taxonomy

KPMG UK has become a founding member of Private Capital Data Standards Alliance (PCDS Alliance – formerly ADS Initiative)

LPs increasingly concerned by tax and regulatory changes

43% of LPs identified regulatory changes as the greatest risk to PE returns

New horizons: Carbon pricing

Professor Gianfranco Gianfrate, Climate Finance Lead and Professor of Finance at the EDHEC-Risk Institute, says carbon pricing is happening and managers need to prepare

Waterland closes €500m ESG-linked bridge loan

"We are rapidly moving towards a world wherein all finance is linked to sustainability in one way or another"

Nordic Capital secures ESG-linked facility

The revolving facility is linked to Nordic Capital Fund X, which closed on €6.1bn in October 2020

AlpInvest secures ESG-linked sub-line

ABN AMRO arranged the facility while Rabobank acted as sustainability co-ordinator

WATCH: What do LPs do with all the data?

A recent webinar discussion explored the way in which data is being communicated, how technology is helping both GPs and LPs, and what LPs are doing with all the information

LISTEN: Do we even need standardisation? Episode 2

The second instalment of a recent podcast discussion examined industry body reporting efforts, and asked if standardised reporting is still necessary?

LISTEN: Do we even need standardisation? Episode 1

A recent podcast discussion explored technological advances in data transmission, and asked if standardised reporting is still necessary?

WATCH: Cybersecurity, and ESG concern

Cybersecurity is a matter of good governance, as well as reputation and risk management - putting it at the heart of ESG practices

MUFG IS launches ESG reporting tool

The reporting tool initially uses RepRisk data and MUFG IS plans to add further data sources

Domicile watch: March 2021

Key takeaways from the major PE domiciles: including Jersey's changes to its AML/CFT handbooks, Guernsey's review of its Green Fund accreditation and Ireland's Green Team network launch

Comment: An opportunity to fly ahead of the curve

Mikaela Murekian, director and head of ESG at Greenbrook, asks if a new approach to air travel could help GPs in their response to increased ESG pressure from LPs

Protecting and enhancing value: Managing human rights risks across your portfolio

Sam Eastwood, James Ford, and Libby Reynolds of Mayer Brown predict greater focus on human rights due diligence processes

Palatine invests in Anthesis

The fresh capital will support Anthesis’ growth plans, both organic and acquisitive, as well as accelerating its digitalisation

Profile: Alexis Crusey, Aberdeen Standard Investments

The director of private markets product strategy, impact & ESG discusses the differences between ESG and impact investing, the importance of D&I as well as how its portfolio risk platform PRISM considers ESG factors

5 minutes with… Guy Battle, Social Value Portal

As ESG’s visibility continues to increase, finding ways to measure and report efforts remains tricky. Social Value Portal’s CEO Guy Battle explains how their framework attributes monetary values to social impact

Private Equity Service Provider Awards: Winners announced

Winners of the Private Equity Service Provider Awards revealed

The ESG tech wave

From static and infrequent DDQs to real-time, performance linked, fully integrated improvements; ESG is fast-becoming a tech play

BWAM gains PE sponsors

Blackstone, CD&R, Goodwin, Latham & Watkins and Livingbridge join as institutional members and sponsors

2020 in review: D&I firmly on the agenda

A look back at our diversity & inclusion highlights in PE during 2020

Cathay Capital appoints chief impact officer

Matthieu van der Elst joins from Michelin Ventures, the venture arm of the Michelin Group, which he founded in 2015

Class of 2020

A cross-section of industry practitioners share their greatest lessons of this year

ILPA launches diversity initiative

Following the launch of its ‘Diversity in Action’ initiative, ILPA has announced the founding signatories; 46 GPs and LPs.

NAVs won’t return to pre-pandemic levels until 2022

80% of Duff & Phelps survey respondents believe up to 30% of private market investments won’t recover their pre-pandemic values until 2022 or beyond

Comment: Stepping back (rather than looking back)

Nicola Morgan of The North Star Partnership urges leaders to take a step back and consider the potential opportunities of re-invention and innovation brought about by the pandemic

Apex partners with RepRisk

The partnership enables Apex’s clients to access RepRisk analytics reports and case data on private companies via Apex’s ESG rating and advisory portal

PE’s response to systematic risks: room for improvement

Analysis of 100 PE firms found lacklustre responses to the triple crises of Covid, climate change and racial injustice

Culture shock: ESG, compliance and LPs

We caught up with representatives from PE houses across Europe to find out how ESG, compliance and investors have impacted culture

Comment: Preparing for the second wave

Dörte Hoppner, COO of Riverside Europe, highlights the importance of people and talent management as we face more months of uncertainty

Comment: The ‘new office politics’

IC Intelligence chief strategist Dr Desné Masie, says the worst isn't over for real estate funds

Comment: Culture drives results

Riverside COO Dörte Höppner believes culture is intrinsic to performance, and now is the time to talk about it

Profile: Debojit Mukherjee, Agilitas Private Equity

The chief operating officer discusses what attracted him to his role, how the firm measures and tracks ESG and why their Sustainable Value Creation report is so important

ESG: From checkbox to value creation

Private equity firms have been dutifully integrating ESG reporting, but few use it as a genuine driver of value

A true alternative

From alternative law firm to publicly listed full-suite asset management consultancy, MJ Hudson has had an outstanding decade

LISTEN: MUFG’s Mike Dickey on ESG reporting

Alice Murray talks to Mike Dickey, head of product at MUFG Investor Services, about the data flow of ESG information between GP and LP

Comment: Compliance and ESG - Overhead or value-driver?

The crisis will likely bring about more stringent financial and environmental regulations; cutting compliance and ESG resources could bear greater costs, warns Robin Lööf and Edoardo Troina at Debevoise & Plimpton

Comment: ESG regulation is coming

Jan Gruter of Addleshaw Goddard deciphers what new regulatory frameworks could mean for private equity

Private Equity Service Provider Awards: Shortlist Announced

Announcing the finalists for the 2020 Private Equity Service Provider Awards

Comment: PE & ESG… It’s time to look at your technology providers

George Ralph, managing director of RFA believes service providers are next in line for communicating their ESG credentials

The Impact Investing Operating Principles: the power of independence

Audits and regulatory practices are vital for tracking cash, but where are the equivalents for environmental and social impacts?

Steadying the ship

Can a solid operating platform provide much needed certainty in an increasingly uncertain world?

Investindustrial secures ESG-linked sub line

Investindustrial’s Fund VII has secured a €600m ESG-linked subscription credit facility

EQT secures largest ESG-linked sub line

EQT's Therése Lennehag: "With this ESG-linked financing facility, we actively contribute to increasing the availability of high-quality ESG data, critical for the financial markets to be able to build a resilient and regenerative economy"

The Private Equity Editor’s Podcast 4

Through our combined expertise of PE investments to operations - and everything in between - this snappy podcast neatly distils the need-to-know market developments of the last week.

Comment: ESG in C-19

Dörte Höppner, COO of Riverside Europe, says ESG has new meaning and acts as one of PE's most vital tools in weathering the storm