TOOLS
Login to access your documents and resources.
Alternatives
Private equity sponsors and lenders align to standardize ESG disclosure during due diligence
Whereas a number of resources have emerged to address standardizing and streamlining ESG information for private companies in the post-investment phase, few resources have been developed to focus on ESG monitoring and reporting in the pre-investment phase.
To solve for that gap, Kohlberg & Company and Churchill from Nuveen collaborated with the Principals for Responsible Investing (PRI) when as part of the due diligence process for an active deal, Kohlberg as the sponsor and Churchill as the lender were attempting to calculate the carbon footprint of a portfolio company. This collaboration led to the development of a template that was later enriched and improved upon thanks to the input from a working group of an additional 20 signatories.
This initiative marks the first time that PRI has convened private equity and private debt players to explore opportunities for greater alignment and create synergies on ESG. The effort centers around a new general partner-level ESG standard due diligence template, which aims to standardize the ESG information shared during the investment process and integrates existing ESG standards and frameworks.
Related articles
Learn what factors are at play across fixed income sectors in Nuveen’s 2025 fixed income outlook.
Nuveen’s Don Dimitrievich recently shared insights in Preqin’s 2025 Global Infrastructure report, exploring how non-investment grade infrastructure debt can provide critical financing to meet growing global power demand while enabling a more resilient and decarbonized future.
Alexandra Cooley of Nuveen Green Capital discusses how policy initiatives and corporate carbon reduction are driving C-PACE financing.
