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 whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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