KEY ESG is pleased to announce its partnership with HYCAP, a long-term private equity investor in the Energy Transition sector. KEY ESG will provide HYCAP with the software tools to measure and manage their ESG processes and performance both at the fund as well as at the portfolio company level. The partnership will enable HYCAP to automate and scale their ESG processes.
James Munce, CEO commented:
“ESG considerations are core to our investment thesis and the business models of our portfolio companies. Hence, actively reporting and managing on ESG is imperative to us. However, the ever-changing regulatory landscape and known operational challenges of retrieving quality ESG data instigated us to search for an experienced third-party. In KEY ESG we found a software and implementation partner that can upskill companies at different levels of ESG maturity."
"The fact that they have a software solution specifically developed for portfolio companies was a big differentiator for us, since at the end of the day this is where the ESG performance data sits."
James continued: "Overall, by embedding our ESG processes around an ESG system that automates and scales ESG reporting across the portfolio saves valuable time that we can instead allocate to driving real ESG improvement across our fund."
Anne-Marie Schoonbeek, COO of KEY ESG said:
“We are delighted to streamline and enhance HYCAP’s ESG processes by equipping them with a centralised platform that enables them to manage ESG across their portfolio and comply with relevant regulation. Our team of ESG experts will support the portfolio companies on ESG data collection and education."
"Providing both the fund manager as well as the portfolio companies with insights on their ESG performance is crucial to help them deliver on their aim to drive real change and have a positive impact on the environment and society."