Invest Europe releases inaugural report tracking industry progress on themes including environmental impact, female participation and combating corruption; 659 firms, 2,100 funds and 5,895 companies captured; 77% of surveyed firms had ESG processes,
Invest Europe, the association representing Europe’s private equity, venture capital and infrastructure sectors, as well as their investors, today published its inaugural Environmental, Social, Governance (ESG) Key Performance Indicator report, the first study into European private equity and venture capital fund managers’ contribution to themes including environmental impact, female participation in the workforce, and combatting corruption.
The online publication entitled ‘ESG KPI report" href="https://www.investeurope.eu/esg-kpi-report/" data-udi="umb://document/bc029054e02348c387c85527313c0725">ESG KPI Report: Managing what you measure‘ digs into the issues that really matter to investors, policymakers and the public at large, underlining private equity and venture capital’s attention to climate change, as well as sustainable and responsible investment. Over time, the study will grow to become the benchmark for the European industry’s effort on ESG metrics.
- The ESG KPI report includes data from 659 European private equity and venture capital firms on 2,100 funds and 5,895 companies, based on measurements taken in 2021. Given the level of response the data is not representative of the European industry as a whole yet.
- The findings show that 77% of firms had ESG investment and portfolio management processes, including 90% of buyout firms, demonstrating clear and established industry-wide focus on ESG. Some 31% of portfolio companies had an Environmental Management System in place, 56% of those responding stating they were externally certified.
- Women on average held 38% of full-time equivalent roles at companies in the study and occupied on average 28% of board seats. Furthermore, on governance issues, some seven out of 10 companies had anti-bribery and corruption policies in place...
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Invest Europe
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