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
About the Author
Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis EN