Private equity and ESG: five trends and predictions for 2024

January 29, 2024 EcoVadis EN


Private equity firms must accept that ESG has become a strategic imperative, says Petra Funds Group MD Charlie Chipchase. So, what can we expect in 2024?


In 2023, private equity firms continued to integrate ESG considerations into their investment processes with Limited partners (LPs) and regulators continued to prioritise the importance of transparency and reporting related to ESG factors.

So, what can General Partners expect as they look to 2024? 

 

1. Move toward outsourcing routine ESG monitoring and reporting

2. The (rising) cost of ESG

3. Increased focus on Corporate Sustainability Reporting Directive (CSRD) reporting

4. Continued politicisation of ESG, particularly in the US

5. Rise in ESG litigation and enforcement actions



Read the full article at: sustainabilitymag.com

About the Author

EcoVadis EN

EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. With global, trusted and actionable ratings, businesses of all sizes rely on EcoVadis’ detailed insights to comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 220 industries in 180 countries. Leaders like Johnson & Johnson, L’Oréal, Unilever, Bridgestone, BASF and JPMorgan are among 150,000+ businesses that use EcoVadis ratings, risk, and carbon management tools and e-learning platform to accelerate their journey toward resilience, sustainable growth and positive impact worldwide.

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