Guiding Principles for determining our metrics

The ESG Data Convergence Initiative aligned on a set of guiding principles to inform the selection of the core metrics:

01
Globally accepted:

Selected from the most accepted and widely regarded frameworks; including GRI/WEF, SASB, and TCFD (and EU SFDR as formalized).

02
Meaningful:

From a financial or societal impact perspective; may be specific to a given industry.

03
Comparable:

Allowing performance comparisons between portfolio companies and GPs; adequate overlap exists across sectors.

04
Dynamic:

Evolving metrics as tracking improves and understanding and materiality evolves.

05
Straightforward:

Simple to track accurately, with limited total number of metrics to not overburden companies and ensure data quality and integrity.

06
Actionable:

Tied to specific actions under GPs and portfolio companies’ control.

07
Objective:

Metrics should minimize subjectivity or need for interpretation.

Our ESG categories and metrics

  • Scope 1
  • Scope 2
  • Scope 3 (optional)
  • Strategy (optional)
  • Target (optional)
  • Ambition (optional)
  • % renewable energy usage
  • % women on board
  • % women in C-suite
  • % underrepresented groups on board (optional)
  • % LGBTQ on board (optional)
  • Injuries
  • Fatalities
  • Days lost due to injury
  • Net new hires (organic and total)
  • Turnover
  • Employee survey (yes/no)
  • Employee survey response (optional)
For more information on any of the metrics please download the ''EDCI Metrics Guidance'' below

EDCI Metrics Guidance

This document contains updated guidance for the 2024 reporting cycle to help committed GPs gather ESG data for the purposes of participating in the ESG Data Convergence Initiative.

The guidance is designed to create standardization in data reporting – drawing on existing industry standards wherever possible. It includes a set of definitions, recommendations, and clarification to help with your ESG reporting and to address common data-related questions.

Download Metrics Guidance

EDCI Data Submission Template

GPs will collect data annually through their existing data collection systems. A standardized reporting template is included, which can be uploaded into our data submission portal. This Data Submission Template has been updated for the 2024 cycle. It includes improved clarity on data collection and the addition of a new metric for 2024, portfolio company net zero commitment.

Download Data Submission Template

EDCI Template + SFDR PAIs

This highly optional reporting template was created by BCG to facilitate the process of completing the SFDR reporting framework tables, including the auto-population of relevant EDCI metrics.

The template is a highly optional resource for GPs and does not represent an extension of the EDCI metrics to include the remaining PAIs.

Disclosure: This template may be used as a tool to help support the reporting process in connection with the EU Sustainable Finance Disclosure Regulation and related EU regulation (“SFDR”).  If you or your company choose to use this template, it should not be relied upon to guarantee the need for, accuracy, scope, quality, or completeness of your company’s reporting submission, nor of its compliance with any specific SFDR-related requirement. In addition to SFDR, other ESG regulations, reporting frameworks, and best practices may vary by jurisdiction and industry. Consult with qualified professionals familiar with your company’s specific circumstances and compliance obligations. Neither BCG nor ILPA provide regulatory advice and do not assume any liability for any outcomes, consequences, or legal obligations arising from any ESG disclosure choices made by you or your company, including, but not limited to, with respect to the SFDR.

Download SFDR Reporting Template
Data can currently be submitted in three ways:
  • You can submit directly via a participating ESG Technology Platform. Click here for a full list of platforms.
  • You can submit via BCG’s secure portal.
    • Sign in as a guest, put benchmarksupport@esgdc.org as the recipient, and put ‘EDCI Data Submission 2024 – [Company Name]’  as the subject.
  • You can submit via your own proprietary file transfer systems – if you are doing this, please use esgbenchmarkdata@bcg.com as the target for the file.
Access data portal