ESG

The Danish investor is building a €2.7bn energy transition allocation and has found the US to be fertile ground.

Among various climate-related initatives, the firm is aiming to develop an avoided emissions methodology, says head of ESG Adinah Shackleton.

The firm is seeking to make use of the information gathered for its risk assessments, according to director for sustainability James Magor.

Investors believe the market is starting to account for capital spent on decarbonising assets, but the data seems hard to come by, according to speakers at the Women in Private Markets Summit in London this week.

Last week, Investcorp Strategic Capital Group announced it had joined Ownership Works, making it the shared ownership organisation's first GP staking partner.

Current approaches to energy efficiency are ignoring the most carbon-intensive area of data centre operations, according to the environment-focused manager.

Hyewon Kong will oversee the firm's ESG strategy and sustainable investment team.

GPs must be careful not to incur liability when addressing ESG issues in their portfolio companies.

The greater availability of data is allowing managers to incentivise ESG action in new ways.

If 2024 was a learning year, the next 12 months with see private markets move "ambition to action", according to panellists at Responsible Investment Forum Europe.