The ESG Data Convergence Initiative and other efforts to standardise ESG metrics in private equity neglect materiality, say panellists at PEI Group’s Responsible Investment Forum.
Novata, an ESG data software company for investment managers, is the latest to receive private equity backing – following the likes of Blackstone, CVC and KKR.
Champions of responsible investment are worried about the ESG backlash from several US pension funds and state governors; they must take the debate to the detractors’ camp.
Carbon Equity, 'the Moonfare alternative for impact investing', is eyeing rapid growth to meet growing demand from mass affluent individuals for access to climate venture capital funds.
Investors are getting more exacting about impact, says CBRE IM's Andrew Davey, as the firm reaches £500m for its open-end affordable housing fund with fresh commitments from two UK pension funds.