In brief: Accenture Ventures bets on ESG data company boom

Accenture’s investment in pulsESG follows a slew of commitments to ESG data companies by firms including Blackstone, Brookfield, Insight Partners, CPP Investments, GIC, CVC and KKR.

Accenture Ventures has joined a flock of private equity investors seeking a share of the upside as ESG data companies meet rising demand. The professional services firm’s venture capital arm has invested in pulsESG, a software-as-a-service company for ESG data management and reporting.

This is a strategic investment for Accenture, which plans to “bring [pulsESG’s] capabilities to our clients, alliances and partners to help improve ESG measurement and performance with greater transparency and assurance being sought across stakeholders,” Peter Lacy, Accenture’s chief responsibility officer and sustainability services lead, said in a statement.

Private equity investors’ appetite for ESG data companies and service providers is on the rise. Other recent investments include:

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