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StepStone Group Publishes 2023 Responsible Investment Report

Retrieved on:

Jeudi, avril 25, 2024

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, has released its 2023 Responsible Investment Report , which presents an analysis of StepStone’s Environmental, Social and Governance (ESG) integration and stewardship activities, as well as an overview of the firm’s Diversity, Equity & Inclusion (DEI) performance and climate-related activities within its investments and operations.

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NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, has released its 2023 Responsible Investment Report , which presents an analysis of StepStone’s Environmental, Social and Governance (ESG) integration and stewardship activities, as well as an overview of the firm’s Diversity, Equity & Inclusion (DEI) performance and climate-related activities within its investments and operations.
“As the responsible investment landscape grows more complex – stemming from the inherent intricacies of many ESG considerations, such as responsible supply chains, climate change, and nature – both GPs and LPs are paying more attention,” said Suzanne Tavill, Partner and Global Head of Responsible Investment at StepStone.
“We appreciate the constructive support across the private markets investment community as we find solutions, clarify best practices, and seek efficiencies.”
Highlights of the report include:
The Responsible Investment Process: StepStone has designed a five-stage process that applies across asset classes.
“StepStone’s responsible investment program underpins our ability to deliver tailored investment solutions, advisory services and data-driven insights to our clients,” said Scott Hart, Partner and CEO at StepStone.

Argonne Upgrade Lets Data Portal Users Get NERDE about Economic Resilience

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Jeudi, février 29, 2024

Community leaders and administrators now have a more powerful tool for understanding their communities’ economic strengths and vulnerabilities, thanks to the newly enhanced National Economic Resilience Data Explorer (NERDE).

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Community leaders and administrators now have a more powerful tool for understanding their communities’ economic strengths and vulnerabilities, thanks to the newly enhanced National Economic Resilience Data Explorer (NERDE).
The online data portal’s enhanced second edition makes it easier for users to create economic development plans, improve resilience, and apply for economic assistance and grants.
NERDE first launched as a partnership between the U.S. Department of Energy’s (DOE) Argonne National Laboratory and the Department of Commerce’s Economic Development Administration (EDA) in 2022.
“We learned that NERDE has been highly useful for grant applications, comprehensive economic development strategies , and market research.

Gravity Climate Joins ESG Data Convergence Initiative (EDCI) as a supporting Data Platform to Ignite Collective Action Around Industry Decarbonization and Portfolio Resilience

Retrieved on:

Mardi, février 20, 2024

BCG, ROI, EDCI, Disclosure, ESG, Carbon, Investment, Face, Partnership

SAN FRANCISCO, Feb. 20, 2024 /PRNewswire/ -- Gravity Climate, a technology company helping private equity firms manage their portfolios' carbon footprints, is now formally supporting the ESG Data Convergence Initiative (EDCI) – a first-of-its-kind, industry-led effort by the private equity community to build consensus on meaningful ESG data. As part of this arrangement, Gravity Climate also announced the capability to easily share data with the EDCI on an automated basis. This newest feature significantly eases participation for the more than 375 private equity firms in the initiative, supporting better measurement and outcomes around ESG efforts.

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As part of this arrangement, Gravity Climate also announced the capability to easily share data with the EDCI on an automated basis.
This newest feature significantly eases participation for the more than 375 private equity firms in the initiative, supporting better measurement and outcomes around ESG efforts.
PE firms can easily gather the data required for emissions reporting and instead focus their energy on decarbonization action.
"Private equity firms can have an outsized impact on carbon emissions by instigating and accelerating the climate action of their portfolio companies.

By the Numbers: How Private Equity Scores on Sustainability

Retrieved on:

Lundi, octobre 23, 2023

Sustainability, CPP Investment Board, EDCI, The Carlyle Group, Investment, PE, Social impact, Private equity, Climate, Boston Consulting Group, Woman, BCG, Greenhouse, Perception, Climate change, Public utility, Renewable energy, Climate change mitigation

BCG's First Annual Sustainability in Private Equity Report Examines How Private Equity-Owned Firms Measure Up When It Comes to Decarbonization, Renewable Energy Use, and Social Impact

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BCG's First Annual Sustainability in Private Equity Report Examines How Private Equity-Owned Firms Measure Up When It Comes to Decarbonization, Renewable Energy Use, and Social Impact
BOSTON, Oct. 23, 2023 /PRNewswire/ -- Sustainability remains a key point of discussion within the private equity industry.
Even as some critics accuse the industry of greenwashing, others express concerns about whether PE firms are prioritizing sustainability objectives over financial returns.
In hopes of shedding light on the real status of sustainability in the industry, Boston Consulting Group (BCG) today releases its first annual Sustainability in Private Equity report.
The initiative's mission is to drive convergence around meaningful metrics for the private markets and generate useful, comparable, performance-based data.

BuildESG Adds ESG Data Convergence Initiative (EDCI) Reporting Feature to its ESG Insights Platform

Retrieved on:

Lundi, février 27, 2023

Professional Services, Data Management, Environmental, Social and Governance (ESG), Data Analytics, Technology, Software, Fintech, Partnership, Benchmarking, EDCI, Education, ESG, Security (finance)

BuildESG , the member-based ESG insights platform for leading limited partners, private equity and venture capital firms and portfolio companies, has formed a strategic partnership with the ESG Data Convergence Initiative ( EDCI ) to allow members to submit data directly to the EDCI via its platform.

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BuildESG , the member-based ESG insights platform for leading limited partners, private equity and venture capital firms and portfolio companies, has formed a strategic partnership with the ESG Data Convergence Initiative ( EDCI ) to allow members to submit data directly to the EDCI via its platform.
As one of the few tech platforms connected to the EDCI, BuildESG creates an effortless experience for members to collect, report and analyze their ESG data per EDCI metrics.
BuildESG simplifies the complexity of ESG for alternative investors by blending its software platform and access to its in-house ESG experts into an affordable, membership-based model.
BuildESG empowers its members to leverage ESG as a high-potential growth lever rather than to view it as a compliance obligation.

AE Industrial Partners Strengthens ESG Team with the Promotion of Jennifer Essigs to Head of ESG

Retrieved on:

Lundi, janvier 30, 2023

W. P. Carey School of Business, ICI, Belcan, ILPA, BOCA, ESG, AEI, Arizona State University, Investment, Business, Human Capital, EDCI, Renewable energy

"We congratulate Jennifer on her promotion, which is reflective of her contributions to our firm and AEI's continued commitment to developing a best-in-class ESG program," said Mike Greene, Managing Partner of AEI.

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"We congratulate Jennifer on her promotion, which is reflective of her contributions to our firm and AEI's continued commitment to developing a best-in-class ESG program," said Mike Greene, Managing Partner of AEI.
Ms. Essigs, who joined AEI in 2021, previously served as the Firm's Director of ESG and Human Capital.
In this role, Ms. Essigs led AE Industrial's participation in the ESG Data Convergence Initiative (EDCI) and the Initiative Climate International (iCI), as well as an ILPA Diversity in Action signatory.
"I'm honored to lead the Firm's effort in establishing a world-class ESG program, which is central to creating more value across our portfolio," said Ms. Essigs.

ICSWG-US Votes to Support the ESG Integrated Disclosure Project

Retrieved on:

Lundi, décembre 12, 2022

Professional Services, Environment, Sustainability, Finance, Asset Management, Consulting, Loan Syndications and Trading Association, ISSB, ESG, Sustainability Accounting Standards Board, LSTA, Disclosure, Consultant, Government, EDCI

The Investment Consultants Sustainability Working Group - United States (ICSWG-US) announced today that the groups steering committee has voted to support the ESG Integrated Disclosure Project (ESG IDP) with the objective of improving prospective credit borrowers data disclosure and reporting on standardized, decision-useful, environmental, sustainability and governance (ESG) metrics.

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The Investment Consultants Sustainability Working Group - United States (ICSWG-US) announced today that the groups steering committee has voted to support the ESG Integrated Disclosure Project (ESG IDP) with the objective of improving prospective credit borrowers data disclosure and reporting on standardized, decision-useful, environmental, sustainability and governance (ESG) metrics.
In November 2022, the ESG IDP launched a harmonizing ESG reporting tool for credit markets.
The template is intended to support investor needs for more quantitative and more comparable, decision-useful data, in the absence of government regulated disclosure.
As investment consultants, we support having a widely agreed upon template that can help harmonize ESG reporting for credit markets.

Recognizing First Year of the Investment Consultants Sustainability Working Group – United States (ICSWG-US)

Retrieved on:

Lundi, décembre 5, 2022

The Investment Consultants Sustainability Working Group - United States (ICSWG-US) launched in May 2021 with 14 founding member organizations.

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The Investment Consultants Sustainability Working Group - United States (ICSWG-US) launched in May 2021 with 14 founding member organizations.
Looking ahead, the ICSWG-US will continue to advance leading industry practices and education across sustainability reporting and disclosures, investor stewardship practices, and regulatory engagement.
About ICSWG-US ( www.ICSWG-US.org ; Contact: [email protected] )
The Investment Consultants Sustainable Working Group - United States (ICSWG-US) is a collaboration among investment consulting firms to engage with its collective stakeholders and empower asset owners and their ultimate beneficiaries to advance sustainable investment practices across the investment industry.
The ICSWG-US aims to support sustainable investment practices across institutional asset owners and asset managers.

Alternative Credit Managers Launch ESG Integrated Disclosure Tool

Retrieved on:

Mardi, novembre 8, 2022

A group of leading alternative asset managers and industry bodies in the private and broadly syndicated credit markets have today announced the launch of the ESG Integrated Disclosure Project (ESG IDP) template.

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A group of leading alternative asset managers and industry bodies in the private and broadly syndicated credit markets have today announced the launch of the ESG Integrated Disclosure Project (ESG IDP) template.
For investors, the ESG IDP template enhances their ability to identify industry-specific ESG risks in their credit portfolios and compare meaningful data across alternative asset managers more consistently.
Jiri Krol, Global Head of the Alternative Credit Council, said: SMEs and mid-market businesses require a more proportionate approach to ESG disclosure than large public corporates.
Michael Kashani, Head of ESG Credit at Apollo and the inaugural Chair of the ESG IDP, stated: I am thrilled to be a part of the ESG IDP as it represents an important step in addressing ongoing ESG disclosure challenges in the private credit markets.

Black Resilience in Colorado (BRIC) Fund Becomes a National Model for African American Focused Philanthropy

Retrieved on:

Jeudi, juin 16, 2022

People, EDCI, BRIC, BIG, View, Foundation, Denver metropolitan area, Stock, Executive, Multimedia, Organization, Life, Television, Drug, Management, Color, Juneteenth, Black

BRIC, a fund of The Denver Foundation , was established on Juneteenth (June 19, 2020) to address systemic racism and inequities that negatively impact Black communities.

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BRIC, a fund of The Denver Foundation , was established on Juneteenth (June 19, 2020) to address systemic racism and inequities that negatively impact Black communities.
"True to our mission, we continue to be a conduit for Black leadership and community support that is invested in shifting Black nonprofits from surviving to thriving and building Black communitiesBRIC by BRIC."
"It has been affirming to know that there is another Black-led philanthropic fund that demonstrates the power of Black philanthropic leadership."
Black Resilience in Colorado (BRIC) Fund is the first Black-focused community fund established in Colorado, explicitly providing financial resources and support to Black-led and serving organizations.