CalPERS, Carlyle lead investor group in global push on ESG reporting

CalPERS, Carlyle lead investor group in global push on ESG reporting

Photo: REUTERS/Max Whittaker

A group of global private equity firms and pensions funds managing over $4 trillion in assets have joined hands to standardize reporting on environmental, social and governance (ESG) performance of portfolio companies.

The group, led by Carlyle Group and the California Public Employees’ Retirement System (CalPERS), will track data on greenhouse gas emissions, renewable energy, board diversity and some other metrics of companies in their portfolio.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter