EDCI Insights

Last updated: October 9th, 2025

This page will be updated with the latest public facing Insights from the EDCI. As part of our overall mission, we are excited to share highlights on the state of sustainability in Private Equity.

Sustainability in Private Markets, 2025

October 9th, 2025

The EDCI has grown significantly over the past year, now covering over 500 GPs and LPs across private equity, private credit and infrastructure, with over 230,000 data points contributed from 9,000 private companies—offering even deeper insights into sustainability value creation. While the majority of these insights will remain within the EDCI community, the Steering Committee has approved the public sharing of select learnings in line with the EDCI’s mission through BCG’s ‘Sustainability in Private Markets, 2025’ report. This year’s report provides an overview of how private companies are driving sustainable value creation, with insights into how businesses are harnessing sustainability to grow revenues, reduce costs and minimize risks.

Key takeaways include:

• General Partners estimate that over the lifetime of an investment, sustainability-linked initiatives typically increase EBITDA by 4% to 7%
• Since last year, the proportion of portfolio companies with decarbonization strategies and short-term emissions reduction targets has increased by 7 to 9 percentage points
• Efforts by General Partners to improve the employee experience have borne fruit in terms of increased retention, higher productivity, and reduced injury-related expenses

Sustainability in Private Equity, 2024

October 23rd, 2024

The EDCI has grown significantly over the past year, now covering over 450 major PE GPs and LPs, with over 150,000 data points contributed from approximately 6,200 PE-backed companies—offering even deeper insights into sustainability outcomes. While the majority of these insights will remain within the EDCI community, the Steering Committee has approved the public sharing of select learnings in line with the EDCI’s mission through BCG’s ‘Sustainability in Private Equity, 2024’ report. This year’s report provides a detailed look into how sustainability within private markets has evolved, alongside focused analyses on decarbonization and data-driven perspectives on LP expectations and how GPs are responding.

Key takeaways include:

• Private companies are forming decarbonization strategies, with 22% having already done so, and 17% committed to being net zero by 2050
• Private equity is uniquely suited to drive change on sustainability – for example, when private companies do form decarbonization strategies, they reduce emissions at significantly faster rates then their public peers
• LPs are mobilizing to direct capital towards the climate transition – with 85% expecting to increase their focus on sustainability in the near future

BCG’s takeaways from a second year of EDCI data

February 7th, 2024

The ESG Data Convergence Initiative has now gathered 62,000 data points in a standardised format. Vinay Shandal and Ben Morley, partners at Boston Consulting Group, describe three takeaways from their conversations with private equity GPs about the results. Read about their findings here.

Sustainability in Private Equity, 2023

October 23rd, 2023

Over the past few months, BCG and the EDCI Steering Committee have closely collaborated to review benchmark insights from the second year of the EDCI. The majority of these insights will remain within the EDCI community, but the Steering Committee has approved the public sharing of select learnings in line with the EDCI’s mission through BCG’s ‘Sustainability in Private Equity, 2023’ report. The report combines EDCI data analysis with practitioner case studies and cutting-edge insights from BCG’s experts on carbon, renewable energy and social impact. Key takeaways include:

• Private companies have mixed performance on sustainability – underperforming public peers on some metrics (e.g. renewable energy usage, board gender diversity), and outperforming on others (e.g., job creation, C-suite gender diversity)
• We observe further evidence of the effectiveness of the PE investment model in driving sustainability outcomes (e.g., we observe improvements in renewables usage, gender diversity and work-related injuries over the average hold period)
• Additional links between ESG and financial performance are observed – e.g., greater employee engagement levels are correlated with lower employee turnover, lower injury rates are correlated with faster revenue growth

EDCI Year in Review – Interview of Meg Starr (The Carlyle Group): What a Year’s Worth of Data Tells Us About Private Equity and ESG

December 20th, 2022

Interview of Meg Starr, Global Head of Impact at Carlyle, by Ben Morley, Partner and Associate Director at BCG reviewing the inaugural year of the EDCI, and what is to come for the initiative in 2023.

Inaugural Year Insights: New Data Shows How Private Equity Stacks Up on ESG

October 14th, 2022

Over recent months, BCG has worked closely with the EDCI Steering Committee to review what the EDCI benchmark reveals about ESG in private equity. While the majority of these insights will remain within the EDCI community, the Steering Committee has approved the public sharing of some limited, high level insights to help the EDCI shape the future of the private equity industry’s approach to ESG (in line with the EDCI’s mission). You can find our report here.

How Private Equity Can Converge on ESG Data

October 21st, 2021

The EDCI’s founding members describe the impetus for their unprecedented collaboration, their approach to metric selection, and initial insights developed from pilot data.