EDCI updates

This newsletter includes the announcement of BCG's recent publication as well as an article by Bloomberg on the first year of the EDCI. The latter piece was shared ahead of the Bloomberg Invest conference, where the EDCI was featured in discussions.

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).

A dedicated EDCI standalone website is now live, which now serves as a one-stop shop for all relevant information, FAQs and news about the initiative.

Interview of Meg Starr by Tawfik Hammoud on the rationale and history of the EDCI, its evolution and trajectory, current status, and next steps.

The Investment Consultants Sustainability Working Group representing 17 investment consulting firms and $33 trillion assets under management announced its support of EDCI.

Private markets, where companies can get away with minimal disclosure about their business, have been criticised as the underworld where polluting assets can go to hide. But the shadows are receding.

Carlyle’s Meg Starr and Karishma Ahuja join CalPERS’ Greg Ruiz and Julia Jaskolska share insights on the ESG Data Convergence Initiative, discuss how key industry stakeholders can benefit, and what to expect from the initiative in the future.