Raw: [
Investment data and research provider MSCI announced today the launch of MSCI Private Company Data […]]
MSCI Launches Sustainability Data Reporting Solution for Private Markets – ESG Today
ESG Investing, sustainable finance & business sustainability news
ESG investing news, analysis, research and information
Top Stories ESG News
Companies
Government
Investors
Regulators
Sustainable Finance
ESG Solutions ESG Tools, Services
Companies Companies
Investors Investors
ESG Disclosure ESG Reporting
Analysis
Regulators
Reports, Studies
Newsfeed
Whitepapers
Events
About About us
Our Team
Advertise With Us
ESG Reporting/ ESG Tools, Services/ Private Equity & Venture Capital
MSCI Launches Sustainability Data Reporting Solution for Private Markets
Mark Segal
February 6, 2024
Investment data and research provider MSCI announced today the launch of MSCI Private Company Data Connect, a new platform aimed at collecting and communicating sustainability and climate data from private companies to general partner investors and lenders.
According to Eric Moen, Head of ESG at MSCI, the launch of the new solution comes amidst “an uptick in global regulator and client demand for more reporting and data around the overall sustainability of GPs’ investments,” with the platform aimed at providing investor with insights into sustainability practices at private companies similar to those used to assess public companies.
Moen added:
“As companies’ sustainability and climate considerations are increasingly being used in capital allocation, lending, and other decision-making processes, investors need an efficient and effective way to share and analyze this critical data.”
The new solution enables companies to report their data to investors through a secure, digital hub, with the ability to approve or decline data requests from GPs and lenders directly on the platform, in addition to allowing companies to search for and proactively provide data to institutions and market participants that are active on the hub.
The platform leverages the template developed by the ESG Integrated Disclosure Project (ESG IDP), a tool aimed at providing a standard format for ESG disclosures for private markets, founded by partners including Apollo Global Management and Oak Hill Advisors. The tool also provides users with access to an AI-powered, carbon measurement and reporting tool provided by Climate Management & Accounting Platform (CMAP) provider Persefoni.
Michael Kashani, Managing Director, Head of ESG Credit at Apollo, and Inaugural Chair of the ESG IDP Executive Committee, said:
“By working with MSCI and Persefoni to support the establishment of a platform that leverages the ESG IDP, we’re able to better respond to the unique challenges and opportunities of the private markets. Increasing standardization and driving transparency on material ESG factors reinforces our focus on value creation and meeting stakeholder needs.”
Kentaro Kawamori, CEO and Co-Founder of Persefoni, added:
“This collaboration targets a pivotal area in today’s corporate sustainability efforts – closing the carbon emissions reporting gap for both public and private companies. This initiative represents a material stride towards enhancing transparency in private assets, a sector where data accessibility has traditionally been challenging.”
Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm’s head of U.S. equities. While at DCM, Mark was part of the firm’s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.
Related Posts
ESG Reporting /
Deloitte Partners with Informatica, Workiva on New ESG Data and Reporting Ecosystem
ESG Tools, Services /
EU Lawmakers Agree to Regulate ESG Ratings Providers
Private Equity & Venture Capital /
TPG Hires Scott Lebovitz as Head of Infrastructure for Climate Investing Platform
‹ Guest Post: US Corporations Can Be a Driving Force in the Fight Against Forced Labor Worldwide
ESG Today Newsletter – Subscribe
Subscribe to the ESG Today NewsletterJoin our mailing list for the latest breaking ESG investment news!
LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther
FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsR & DProcurement & ContractingSupply Chain & DistributionSustainabilityStrategyTechnologyOther
SUBSCRIBE!
You have Successfully Subscribed!
Sustainable Finance
Allianz Launches Dashboard Tracking Net Zero Transition Progress and Requirements
Sustainable Fintech Startup Crux Raises $18 Million for Clean Energy Tax Credit Platform
ECB Announces Increased Focus on Climate Risk, Green Transition
UBS Appoints Beatriz Martin Jimenez as Group Executive Board Lead for Sustainability and Impact
Government
EU Lawmakers Agree to Regulate ESG Ratings Providers
China Sets Tougher Regulations for Carbon Trading Market
U.S. Invests $254 Million in Industrial Decarbonization Projects, Technologies
Texas Bans Barclays from Bond Market over Bank’s ESG Policies
Categories
Select Category
Business Wire
ESG News
Analysis
Climate
Companies
Energy Transition
Environment
ESG Reporting
ESG Tools, Services
Executive Moves
Governance
Government
Guest Posts
Investors
M&A
New funds & products
Platforms & Markets
Private Equity & Venture Capital
Professional bodies
Regulators
Reports, Studies
Social
Social & Governance
Sustainable Finance
Welcome
Back to Top
Home
About us
Disclosure, cookies & privacy policy
© ESG Today 2024
Don’t miss the top ESG stories!Join the ESG Today daily newsletter and get all the top ESG stories, like this one.
Subscribe now below!
LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther
FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsProcurement & ContractingR & DStrategySupply Chain & DistributionSustainabilityTechnologyOther
SUBSCRIBE!
You have Successfully Subscribed!
Never miss the latest breaking ESG investment news. Get ESG Today’s newsletter today!
Subscribe Now
c
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy