Limited Partners are pushing private equity firms to integrate environmental, social and governance (ESG) strategies into their investment programs. While many firms are still struggling to define, measure and achieve ESG goals, some are pioneering a new approach.
Recently, the California Public Employees’ Retirement System and Carlyle helped rally a group of investors to share and privately aggregate information related to emissions, diversity and the treatment of employees across privately held companies. Blackstone and the Canada Pension Plan Investment Board are also part of the effort.
It’s one of many initiatives we’re celebrating in the cover story of November/December issue of Mergers & Acquisitions.
Building on our long history of recognizing the best in private equity, Mergers & Acquisitions is recognizing 18 entities that are leading the way in our inaugural 2021 PE Innovators in ESG. To borrow language from the ILPA ESG Assessment Framework, our list names firms that are “Advanced” when it comes to ESG integration.
To determine the winners, we asked nominated firms to provide written answers to six questions: What role does ESG play in your PE firm’s investment strategy? How are you measuring ESG at your firm? In what ways is your firm “Advanced” in ESG integration? How does your firm work with portfolio companies to achieve ESG goals? Please describe 3-5 of the firm’s achievements in ESG over the last year. What Best Practices and advice can you share with other PE firms? Their answers form the basis of our coverage.
This is one of five annual Honors programs Mergers & Acquisitions produces, including The Most Influential Women in Mid-Market M&A; The Top 10 Middle-Market Deals of the Year; The Rising Stars of Private Equity and the recently introduced The 2021 Private Equity Leaders in DEI. We look forward to seeing you at our upcoming virtual event: PE Innovators in ESG Speak on Dec. 1.
Meet the 2021 PE Innovators in ESG. Links to our coverage are below:
- Carlyle Named to 2021 PE Innovators in ESG
- KKR Named to 2021 PE Innovators in ESG
- Blackstone Named to 2021 PE Innovators in ESG
- Apollo Named to 2021 PE Innovators in ESG
- ILPA Named to 2021 PE Innovators in ESG
- Calpers Named to 2021 PE Innovators in ESG
- CPPIB Named to 2021 PE Innovators in ESG
- Access Named to 2021 PE Innovators in ESG
- Grain Named to 2021 PE Innovators in ESG
- The Green Cities Company Named to 2021 PE Innovators in ESG
- Long Ridge Named to 2021 PE Innovators in ESG
- HCAP Named to 2021 PE Innovators in ESG
- MiddleGround Named to 2021 PE Innovators in ESG
- Monomoy Named to 2021 PE Innovators in ESG
- Palladium Named to 2021 PE Innovators in ESG
- Phatisa Named to 2021 PE Innovators in ESG
- TZP Named to 2021 PE Innovators in ESG
- Vistria Named to 2021 PE Innovators in ESG
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