measurement & reporting

The Australian mid-market firm will dedicate resources to sharpening its portfolio climate reporting and incorporating nature into its investment process, says responsibility and impact head Natasha Morris.

AEA Investors' global head of ESG Heidi DuBois hails the 'game-changing' power of the ESG Data Convergence Initiative, as her firm looks forward to more work on DEI initiatives and a second year of portfolio GHG data gathering.

In 2022 the private equity industry rallied together on climate issues, says Hg's chief sustainability office Caroline Löfgren, and next year Hg will be taking this to the portfolio.

There has been too much talking in the industry and not enough doing, says Carlyle's global head of impact Megan Starr, whose firm will focus on helping portfolio companies get onto Paris-aligned pathways next year.

Ares Global Management also plans to build its 'institutional capacity for engaging on decarbonisation', in the coming year, says Adam Heltzer.

The past year brought existential debate, some helpful regulation and productive collaboration on climate and data matters, but a lack of urgency is still an issue.

'There still is a clear distinction between firms that have fully engaged on the climate agenda... and firms who are lagging and not taking much action, but given all the groundwork done in 2022 this group should be able to catch up quickly,' says de Kreij.

The heavyweight Canadian investor details 'notable ESG practices' that it believes will become commonplace in private markets.

Bond, a top 20 venture capital firm, is believed to be the first major US venture firm to sign the UN’s Principles of Responsible Investment.

A coalition of investors with $11trn in assets has told private markets managers exactly what it needs, and when, in terms of climate action and disclosure.