EDCI updates

Interview of Meg Starr by Ben Morley (BCG) on the why the EDCI is necessary, the problems it is addressing, progress to date, and what is to come for the initiative in 2023.

This newsletter includes an update on the Steering Committee's leadership, a look back on 2022 and the milestones we reached, and a preview of what is to come in 2023.

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.

The Institutional Limited Partners Association (ILPA) announces that it has taken on a new role as the Secretariat of EDCI, demonstrating its commitment to 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.