Private equity's active engagement with its portfolio companies makes it uniquely placed to drive sustainability. But to do so effectively, firms must have the right data on which to base crucial ESG decision-making.
Businesses are scrambling to meet ever-changing standards respond to due diligence questionnaires and other time-sensitive matters. Yet, too many are struggling to access the granular data underpinning all of these activities, leading to uncertainty, inaccuracy and lack of impact.
Surveying over 100 industry participants, including both GPs and portfolio companies, we learnt what the main issues are when it comes to ESG data gathering, the appetite for improved data access and where the areas for greatest improvement may lie.
"What’s really important to us is making sure that we can actually understand the impact that a company has based on its strategy, its industry, its location. You can think about the broad brush of ESG performance, but every company is individually positioned to have their own impact."
Pollen Street Capital