
The KEY ESG survey of 100 general partners and portfolio companies in Europe, the U.K. and U.S. found that while 75% were required to report ESG data to limited partners, 90% of them were unsure of how do to so. Survey respondents were primarily from midmarket private equity firms, with 43 each from Europe and the U.K., and 14 from the U.S.
One of the biggest problems for general partners was the time it takes to collect ESG data, which can be as long as 12 weeks. Survey respondents said they missed reporting deadlines and risked having deals stall or fail, and 70% said they would prefer to focus on the most material information that leads to better metrics and ESG performance.
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EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. We offer a full range of solutions including IQ-Plus Risk & Compliance Management, EcoVadis Ratings, and Carbon Action Module for Scope 3 Decarbonization. Key features like 360/Live News Monitoring, Academy E-learning and Corrective action plans help companies comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 250 industries in 185 countries.
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