PRI launches guide for private equity investors
The PRI today launched a new resource for signatories: Integrating ESG in private equity – A guide for general partners.
Following the publication of the Limited Partners (LP) Guide in 2012, the PRI has now produced a practical guide to help general partners (GPs) develop their own approach to responsible investment. The guide gives GPs practical guidance to develop a framework for the integration of ESG factors into their investment activities, which is linked for the first time with organisational governance, structure and culture. LPs can use the guide to understand the different ESG integration practices being implemented in the market, which will facilitate more informed discussions with their GPs during both fund selection and monitoring.
Over 50 GPs and LPs worldwide were interviewed to inform the development of the guide, with additional references and case studies available in a supporting publication. The PRI engaged Spring Associates, a strategy consulting firm, to conduct the research and develop the content for the guide, which was co-written by the PRI Secretariat with input from the GP Guide Working Group.
A copy of the guide and supporting case study document can be viewed here, in addition to the full media release which is now available online.