ESG
“ THEY DO FACE CERTAIN PRESSURES FROM INVESTORS , JUST LESS IMMEDIATE SCRUTINY IN THE PUBLIC EYE ”
GRAHAM RIHN FOUNDER AND CEO , ROADRUNNER
Private equity has made significant strides in environmental , social , and corporate governance ( ESG ) and sustainability in recent years . According to PwC ' s most recent report on ESG in private equity , the industry ' s realisation that it can be used to create value has been the key to building this growth .
Interestingly , increased collaboration and peer pressure within private equity are shown to be contributing to a greater rate of ESG integration . Over the next decade , JP Morgan , for example , plans to lend , invest in , and provide other financial services across the banking sector totalling up to $ 2.5tn , a sum that ’ s specifically earmarked for those companies and projects addressing climate change and social inequality .
In 2015 , Goldman Sachs Asset Management ( GSAM ) acquired ESG and impact investing pioneer Imprint Capital Advisors , which demonstrated the firm ' s commitment to ESG investing and sustainability . Since then , GSAM has pursued a slew of new projects and strategic initiatives to expand its ESG , sustainability , and impact activities .
50 May 2022