Outstanding contributions to ESG and impact investment from across private equity and venture capital were recognised at the industry’s leading event on Thursday.
The event, produced in association with engineering group Ramboll, takes place at the British Private Equity and Venture Capital Association’s (BVCA) 2021 Summit and marks the conclusion of the BVCA’s ‘Excellence in ESG’ initiative.
Now in its second year, ‘Excellence in ESG’ celebrates firms from across the private capital ecosystem that have made an outstanding commitment to ESG principles.
As decided by a judging panel of multi-sector ESG experts, the top entries across this year’s three categories were:
For driving industry collaboration through its ESG_VC benchmarking initiative and its commitment to bringing more firms onboard.
For an impressive response to the pandemic from across its portfolio, as well as strong evidence for each portfolio company regarding their ESG targets and achievements.
For having outstanding ESG measurement systems in place across their portfolio, alongside ethical investment standards, set at Board level, that all its fund managers are assessed against.
For demonstrating excellent innovation and a clear focus on moving towards more recyclable and reusable products.
“The panel agreed that the standard of submissions this year was outstanding – clearly indicating the maturation of the industry with regards to identifying and pursuing ESG and impact investment opportunities.”
“This is hugely significant, particularly in the weeks before COP26 and as we look to transition to a net zero economy. As such, arriving at a final decision on exactly which firms to recognise was extremely difficult for the panel this year and took longer than usual.”
Feedback from the judges this year indicated that all submissions demonstrated real progress with regards to ESG-led objectives and impact investing. It was also said that both private equity and venture capital are making remarkable advancements across the ESG spectrum, including net zero, climate change and diversity and inclusion.
“ESG is no longer seen as a box-ticking exercise. It very much is a value driver. And our members are obviously very committed to it. We run the Excellence in ESG Awards to recognise members’ vital work and inspire others.”
This year’s judging panel comprised:
FOR FURTHER INFORMATION PLEASE CONTACT THE BVCA
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