There are some updates on the ESG intiative launched last year by a CalPERS- and Carlyle-led consortium seeking to harmonise reporting around key ESG metrics:
- It has changed its name from the ESG Data Convergence Project to the ESG Data Convergence Initiative (EDCI).
- ILPA, the limited partners’ association, will play an expanded role as “secretariat” to the initiative, facilitating steering committee meetings and supporting committee governance.
- It now has 195 LP and GP participants (up from around 100 in January of this year).
More information can be found on the ILPA website.