A more strategic, less transactional approach to DE&I can stop private markets’ progress from running out of steam, says Follett Parker’s Sandra Hatugari.
The PRI suggests LPs ask about pre-investment screenings, post-investment monitoring and how the firm analyses the impact of its ESG approach on financial performance.
Independent verification providers such as BlueMark 'are vital in assessing and assuring that investors are delivering on their impact claims and commitments', says Temasek Trust's Dawn Chan.
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.