“Five years ago there were far fewer organizations both LPs and GPs who had ESG policies on paper and well-integrated processes in place,” commented Matt Schey, director, strategic projects, Institutional Limited Partners Association (ILPA). “What was typically reported were anecdotes, case studies, and a lot of qualitative information; many of the KPIs out there were more binary, yes/no. Today there is a greater focus on the numbers behind this and more structure and attention behind materiality, going sector by sector.”
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