74% of participating private equity general partners (GP) increased their ESG commitments in the previous 12 months. GP action focuses heavily on opportunities to mitigate risk and tactics to create value, and advanced firms are implementing practices to track these efforts immediately after acquisition. These are some of the findings revealed in our second assessment of the state of the private equity sector’s management of environmental, social, and governance (ESG) issues.
The study draws on primary source research from extensive conversations with senior members of global private equity GPs and limited partners (LP) with assets under management ranging from $500 million to over $350 billion.