European ESG Conference Highlights Efforts to Drive Improvements
During this year’s Responsible Investment Forum: Europe, it became clear that the conversation on ESG had shifted from how ESG data could be gathered to how best the data could be utilized. With this is mind, several general partners have focused on harnessing the competitive spirit among portfolio firms to drive improvements in ESG by demonstrating how firms perform in comparison to their peers. The ESG Data Convergence Initiative has led efforts to advance ESG benchmarking in private equity. The initiative is currently in its third year of analyzing and aggregating ESG data. Many influential managers and investors in the…