About private equity

How private equity invests in privately-owned businesses, supports jobs and creates prosperity.

Members

Login to access your exclusive member-only content and account information.

Login

Not a member? Join us

  • Operate to the highest level of professional standards
  • Access authoritative industry research and data
  • Navigate the complex EU regulatory environment
  • Network and engage with industry leaders
News & opinion
Newsroom
Share

European private equity puts spotlight on responsible investment

17 Nov 2016

Private equity fund managers and institutional investors in Europe have joined forces to develop portfolio company-focused due diligence guidance for responsible investment, in a new initiative launched today by trade association Invest Europe.

As environmental, social and governance (ESG) considerations become increasingly important to global institutional investors, Invest Europe — the trade association for European private equity, venture capital and their investors — has published an ESG Due Diligence Questionnaire for Private Equity Investors and their Portfolio Companies. Laying out all the essential questions, it gives fund managers a clear framework for assessing ESG factors at the companies they own or plan to invest in.

Last year, European private equity firms invested over €47 billion into almost 5,000 companies, according to Invest Europe’s data. Practising institutional investor, fund manager and service provider members of Invest Europe’s Responsible Investment Roundtable spearheaded and developed the questionnaire as a toolto facilitate due diligence, investment and enhanced ESG reporting.

“This is an industry-led initiative,” said Invest Europe’s Chief Executive Michael Collins. “Responsible investment is a critical topic for investors and private equity fund managers in Europe and this questionnaire will provide valuable guidance on how to assess and improve a wide range of ESG factors.”

The ESG Due Diligence Questionnaire covers areas such as environmental impact, health and safety processes, human rights and labour standards across a company’s operations and supply chain. It will help fund managers to identify issues requiring more detailed technical assessment, as well as opportunities to enhance value and mitigate risks following an investment.

“Not all portfolio companies are on the same page when it comes to ESG factors,” said Marta Jankovic, Senior Sustainability and Governance Specialist, Head of ESG Integration Alternatives at APG Asset Management, and Chair of Invest Europe’s Responsible Investment Roundtable. “The more we can help fund managers and investors identify the potential issues and opportunities in the investment process, the more we can promote high ESG standards across the board.”

This launch is part of Invest Europe’s commitment to maintaining high standards in transparency, accountability and strong corporate governance in the industry. Last year, the trade association updated its Professional Standards Handbook and Investor Reporting Guidelines to incorporate ESG considerations throughout the text. The trade association sets out a code of conduct for its members and also organises Responsible Investment training courses for practitioners.

Formerly called the European Private Equity and Venture Capital Association (EVCA), Invest Europe is the not-for-profit trade association representing European private equity, venture capital and infrastructure funds and their global investors. The ESG Due Diligence Questionnaire for Private Equity Investors and their Portfolio Companies is available to download for free via its website, investeurope.eu.

Media enquiries For more information please contact

Lynn Nicholson Image

Lynn Nicholson

Communications

Communications Director

Maria Nikolaidi Image

Maria Nikolaidi

Communications

Senior Communications Officer

Share

What can I do to manage cookies stored on my computer or phone?

You can accept or refuse cookies. Accepting cookies is usually the best way to make sure you get the best from a website.

Most PCs automatically accept them but you can change your browser settings to restrict, block or delete cookies if you want. Each browser is different, so check the 'Help' menu of your particular browser (or your mobile phone's handset manual) to learn how to change your cookie preferences. Many browsers have universal privacy settings for you to choose from.

Help on how to set and customise your cookie settings for your browser

How to manage cookies in Internet Explorer

Cookie settings in most versions of Internet Explorer can be found by clicking the tools option and then the privacy tab.

How to manage cookies in Firefox

Cookie settings in Firefox are managed in the Options window's Privacy panel. See Options window - Privacy Panel for information on these settings.

How to manage cookies in Chrome

Click on the spanner icon on the toolbar, select settings, click the under the bonnet tab, click on content settings in the privacy section.

How to manage cookies in Opera 

You can manage cookies in Opera if you Click on settings, then Preferences, then Advanced and finally Cookies

How to manage cookies in Safari

Choose Safari, then preferences and then click security. You should then be able to specify if and when Safari should accept cookies.

To manage cookies on your mobile phone please consult your manual or handbook.

Get more help about how cookies work with specific browsers.

What happens if I don't accept cookies?

If you decline cookies, some aspects of Invest Europe site may not work on your computer or mobile phone and you may not be able to access areas you want on the website. For this reason we recommend that you accept cookies.

What happens if I delete my cookies?

If you delete all your cookies you will have to update your preferences with us again and some aspects of our site may not work.

What happens if I change computers or mobile?

If you use a different device, computer profile or browser you will have to tell us your preferences again.

If you'd like to learn more about cookies in general and how to manage them, visit aboutcookies.org.

We can't be responsible for the content of external websites.

Opt-out of cookies

Login

Join today

This is for members only. To view in full login or join Invest Europe today.