Preqin's ESG Solutions enables clients to understand, compare investors, fund managers

KUALA LUMPUR, Nov 11 -- Preqin has launched ESG Solutions, the first private market solution that enables clients to understand, track, and compare investors and fund managers using detailed ESG criteria.

“ESG Solutions offers private markets a unified view that gives clear insight. We are thrilled to offer our clients a solution that’s a step-change in meeting the ESG data challenge,” said Preqin chief executive officer, Mark O’Hare.

Private markets have historically lacked transparency into investors’ and fund managers’ ESG track records and preferences because the industry did not have consistent and comparable data standards for reporting and disclosure.

With ESG Solutions, Preqin aims to solve that challenge as part of its continuing goal to help alternatives industry professionals make fully informed decisions.

Preqin established a research and development programme and partnered with over 50 clients to determine how to identify, collect and track meaningful ESG data metrics in private markets, according to a statement.

ESG Solutions combines 37 data indicators sourced from leading industry frameworks, including SASB, UNPRI, ILPA, TCFD, and public ESG ratings providers.

Peqin’s portfolio company data and taxonomy is aligned with risk factors identified in the SASB Materiality Map to create an at-a-glance view of operators’ ESG exposure.

ESG Solutions is now available as an upgrade for existing Preqin Pro subscribers.

-- BERNAMA