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Preqin updates ESG Solutions

Staff writer
Oct. 19, 2021, 9:41 a.m.
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Word count: 443

Preqin has announced major updates to its ESG Solutions, the only product suite to provide private market participants with a 360-degree view of environmental, social, and governance (ESG) risk, impact and opportunity — across LPs and GPs, down to portfolio and private company levels.  

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Preqin has announced major updates to its ESG Solutions, the only product suite to provide private market participants with a 360-degree view of environmental, social, and governance (ESG) risk, impact and opportunity — across LPs and GPs, down to portfolio and private company levels.  

ESG has transitioned from a nice-to-have to a must-have, as $35trn of assets under management (AUM) are committed to ESG-aligned investments. 

Up until now, only limited ESG data has existed in private markets. However, relevant data is crucial for both fund managers and investors to action ESG strategies by integrating it through the investment decision making process, from screening, to due diligence and monitoring.  

Preqin’s ESG Solutions builds on its ESG Profiles — a solution which was launched in November 2020 and covers numerous ESG transparency KPIs, disclosures, and key contacts across more than 54,000 GPs and LPs — to now also provide asset-level data on ESG risk and impact across 124,000+ private companies available on Preqin Pro, the alternative assets industry's leading source of data and intelligence. 

To make the very best strategic allocations, both fund managers and investors need clear visibility of ESG at the asset level to identify, measure and manage their biggest exposure areas. 

The full suite of ESG Solutions gives access to:  ESG Profiles: Comprehensive ESG transparency KPIs across 37,000+ GPs and 17,000+ LPs in alternative assets, including policies, practices, key ESG affiliation, memberships and contacts; ESG Risk Evaluations: Risk Magnitude Scores down to the specific ESG factor for 124,000+ portfolio companies and 21,000+ funds; and Impact Assessments: Estimates for positive impact potential across 124,000+ portfolio companies and 21,000+ funds and data for 50,000+ impact labelled portfolio companies and funds.  

Jaclyn Bouchard, Head of ESG at Preqin, said: “Preqin is incredibly proud of this milestone. We have been developing and refining this solution for many months, including with the help of our ESG Council made up of global GPs, LPs, and academics representing £2.16tn in AUM. Together, we wanted to find answers to the biggest question in private markets — how do we correctly source asset-level private company ESG data? The support, feedback, and industry insights of the ESG Council has proven invaluable to Preqin’s journey, helping us to create the solutions we can now offer today."

​​​​​“It is Preqin’s mission to ensure that every decision taken in alternative markets is a sustainable one. With this expansion of our ESG Solutions product suite, we are now able to provide private market professionals with the data and insights they need to meet the expectations of their stakeholders, make informed decisions and take a data-driven approach to integration,” she said.  

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