Pierre-François Thaler, chief executive of EcoVadis, says Covid-19 has acted as an “accelerator” for the adoption of environmental, social and governance criteria. Because more people are now demanding sustainable investments, he added that private equity firms need to be extra careful on how they act during the crisis to prevent future reputational risks.
“People are paying more attention to how companies are treating their employees, especially if they are receiving subsidies from the government,” he says.
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