A group of leading alternative asset managers and industry bodies in the private and broadly syndicated credit markets have launched the ESG Integrated Disclosure Project template, which is aimed at enhancing transparency and consistency for both private companies and credit investors.
A group of leading alternative asset managers and industry bodies in the private and broadly syndicated credit markets have launched the ESG Integrated Disclosure Project (ESG IDP) template.
The ESG IDP template is aimed at enhancing transparency and consistency for both private companies and credit investors by providing a standard format for ESG-related disclosures. It offers private companies a baseline from which to develop their ESG reporting capacity.
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.
The ESG IDP is led by the Alternative Credit Council (ACC), the private credit affiliate of the Alternative Investment Management Association (AIMA), the Loan Syndications and Trading Association (LSTA), and the United Nations-supported Principles for Responsible Investment (PRI).
Founding partners of this new initiative include Apollo Global Management and Oak Hill Advisors who, along with the ESG IDP’s Executive Committee, will now spearhead efforts to promote the adoption of the ESG IDP template across the market.
The ESG IDP is also supported by a coalition of market stakeholders including CDP, the ESG Data Convergence Initiative and the Loan Market Association.
