125+ LPs are now part of the ESG Data Convergence Initiative
The EDCI’s mission is to drive convergence around meaningful environmental, social, and governance metrics for the private markets. It generates actionable, performance-based insights based on comparable ESG data from more than 4,000 private companies – with participating firms from all over the world and across all sectors.
The EDCI allows LPs, GPs, and their portfolio companies to benchmark their current position, streamline ESG data requests, enable greater data sharing from GPs, and generate progress toward ESG improvements.
Participating Limited Partners & Investment Managers
- CPP Investments (Co-Chair)
- Abrdn
- Adams Street Partners
- Aegon Investment Management B.V.
- Afore Sura
- AIMCo
- AlpInvest Partners
- AltamarCAM Partners
- AP2
- AP3
- AP4 (Fjärde AP-fonden)
- AP6
- APG
- Arcano Partners
- Argentum Asset Management
- AustralianSuper
- Azalea Investment Management Pte. Ltd.
- Bayerische Versorgungskammer (BVK)
- Border to Coast Pensions Partnership
- Bregal Private Equity Partners
- British Columbia Investment Management Corporation (BCI)
- Brunel Pension Partnership
- CAAT Pension Plan
- Caledonia Investments PLC
- California Public Employees' Retirement System (CalPERS)
- Cambridge Associates
- Cambridge University Endowment Fund
- Canada Post Pension Plan
- Capital Innovations
- CDPQ
- Church Commissioners for England
- Church of England Pensions Board
- Citibanamex Afore
- Columbia Threadneedle Investments
- COMMITTED ADVISORS
- Cubera Private Equity
- Curo Capital
- Dai-Ichi Life Insurance Company, Limited
- Desjardins Group Pension Plan
- Employees’ Retirement System of Rhode Island
- Enhanced Capital
- Esses Capital Partners
- Federated Hermes
- Fondaco SGR
- GCM Grosvenor
- Glendower Capital
- Golding Capital Partners
- GroFin
- Guy's and St. Thomas' Foundation
- Hamilton Lane
- HarbourVest Partners
- Harvard Management Company
- Healthcare of Ontario Pension Plan
- HRM Pension Plan
- HSBC
- IH International Advisors
- Investment Management Corporation of Ontario (IMCO)
- Jada
- Japan Investment Corporation
- Japan Post Bank
- Japan Post Insurance
- Kinneret Group
- KIRKBI A/S
- KLP
- Lægernes Pension
- LGPS Central Limited
- LGT Capital Partners
- Local Pensions Partnership
- Makena Capital Management
- Man FRM
- Meketa Investment Group
- Menora Mivtachim
- Mercer
- Metlife Investment Management
- Mizuho Bank
- MN
- Moonfare
- Neuberger Berman
- New York State Common Retirement Fund (NYSCRF)
- Nippon Life Insurance Company
- Nomura Asset Management
- Nordea Bank
- Norinchukin Bank
- Norinchukin Zenkyoren Asset Management (NZAM)
- Northleaf Capital Partners
- Ontario Teachers' Pension Plan
- OPTrust
- Pantheon Ventures
- Pathway Capital Management
- Pensioenfonds PGB
- Pension Protection Fund
- Performance Equity Management
- Permodalan Nasional Berhad
- PGGM
- Proteccion
- PSP Investments
- Quinbrook Infrastructure Partners
- Rabo Investments
- San Francisco Employees' Retirement System (SFERS)
- Schroders Capital
- SEB Private Equity
- Siguler Guff
- Stafford Capital Partners
- StepStone Group
- Sumitomo Mitsui Trust Bank
- SwanCap Investment Management S.A.
- Tesi
- The Guardian Life Insurance Company
- The Pictet Group
- Third Swedish National Pension Fund
- Times 3 Capital
- Trans-Canada Capital, Inc.
- UBC Investment Management
- Unigestion
- United Nations Joint Staff Pension Fund
- Universities Superannuation Scheme
- University of Pennsylvania, Office of Investments
- University Pension Plan Ontario
- VidaCaixa
- Washington State Investment Board
- Wellcome Trust
- Wilshire
- WTW
- YIELCO Investments AG
The EDCI has several value propositions for LPs
The ESG Data Convergence Initiative has a number of functions that are specifically tailored for LPs
Streamline Reporting
Simplify reporting processes by converging around the definition of key ESG metrics
Increased Transparency
Gain clear insight into ESG performance as it compares to a standardized benchmark
Improved ESG Goals
Drive and track progress towards future targets with robust trending data and YoY analysis
Increased Accountability from GPs
Enable data-driven decision making throughout the investment process
Better Engagement with GPs
Request data directly from EDCI member GPs through user-friendly in-portal request management functionality
Analysis of Financial Correlation
Creates an additional analytical lens to understand ESG’s correlation to financial performance, unlocking insights and value-creation opportunities
Features
Streamline ESG Reporting from GPs
Request ESG data directly from your GPs in the EDCI platform, streamlining processes to save time
Analyze ESG Data Trends
Gain insight into Portco performance vs. the benchmark over time, unlocking new insights and guiding strategy decisions
Customize ESG Benchmarks
Leverage data from 80 countries and over 4,000 portfolio companies for granular analysis into ESG performance around the world
“The EDCI allows us for the first time to collect, analyze and aggregate ESG data from across our portfolio in an effective manner”
"The work being done is very good and [the EDCI is] a good platform to continue building on mainstream ESG data and its reporting."
What EDCI members say about the initiative
Hear what members say about the EDCI
What does it mean for Limited Partners to be part of this initiative?
To participate, LPs agree to:
- On a best efforts basis, where LP has relevant/ overlapping ESG data requests to GPs, align definitions with the EDCI’s definitions
- Encourage underlying GPs to align with this effort
- On a best efforts basis, encourage additional industry efforts to drive ESG information/ data request convergence
- Be publicly associated with the initiative
- Voluntary: serve on working groups or self-nominate to join the Steering Committee
Learn more
Use our interactive benchmark demo to learn more about how you can include the EDCI platform in your work.
LP SteeCo Members
Interested in learning more about how the EDCI can support your organization?
Click “Learn more” for an exploratory conversation and a demo of the EDCI functionality.