Adams Street Partners, a private markets investment firm with more than USD49 billion under management, has started using a real-time ESG data analytics solution to provide insights into underlying fund and private company investments.
Adams Street is deploying a custom ESG Ratings and Reporting solution from Apex Group Ltd (Apex), a global financial services provider. The analytics platform securely processes a variety of ESG data streams to provide tailored insights during investment and operational due diligence. Adams Street is also collaborating with Apex to develop a tailored impact data collection and reporting solution for use by Adams Street in monitoring future impact investments, given the growing importance of ESG and impact investing strategies to investment managers.
Adams Street has a longstanding commitment to investing responsibly as a signatory of the United Nations supported Principles for Responsible Investment (PRI) since 2010 and supporter of the Task Force on Climate Related Financial Disclosures (TCFD). More recently, Adams Street Partners joined Initiative Climat International (iCI), an investor-led platform focused on climate action among leading private equity organisations, and the ESG Data Convergence Project, an industry initiative to streamline and harmonise ESG metrics.
“Quantitative insights drawn from ESG data enhances our ability to identify opportunities and better understand risks,” says Yohan Hill, Director of ESG and Responsible Investing at Adams Street. “Adams Street is actively accelerating its ESG expertise as we work to develop new investment and reporting capabilities.”
“The accurate capture, analysis and reporting of quality ESG data is now critical for private markets investors,” says Andy Pitts-Tucker, Managing Director, Apex ESG Ratings & Advisory. “Our ESG Ratings and Impact Reporting services can help users to mitigate risk, comply with regulatory requirements, and generate sustainable results.”
