Charles Avery
The initiative's applicability to both GP and portfolio companies means it is emerging as a 'gold standard' in private markets.
The growth firm has just invested in AiDash, which helps utilities company's manage the climate risks posed to their power infrastructure.
The French technology manager is the second firm to receive investment from Armen's debut GP stakes fund.
Clean Industry Ventures invests in energy transition, industrial transformation and climate technology according to its website.
MSCI Private Company Data Connect uses the ESG IDP template to allow GPs to access companies' sustainability data.
The superfund has now made three impact investments and plans to achieve a one percent allocation to impact by 2026.
Hydrogen is unlikely to be an internationally traded commodity by 2030, though its derivates may well be, according to panellists at Foresight's event on Wednesday.
The new product, which will invest in wind and solar assets, follows the climate fund unveiled by the firm last year.
Permira is the latest GP to have its targets validated, as other firms work to integrate the initiative into their ESG strategies.
The firm's latest and largest fund will have diversity targets for portfolio company leadership teams, according to partner Nnennia Ejebe.