LONDON–(BUSINESS WIRE)–IHS Markit (Nasdaq: INFO), a world leader in critical information,
analytics and solutions, today announced the launch of an environmental,
social and governance (ESG) data collection and reporting solution for
private equity (PE) firms, venture capital (VC) firms, their portfolio
companies and investors. The solution is part of iLEVEL, a sophisticated
platform connecting participants in private capital markets.
A recent study by Private Equity International found that 85% of limited
partners (LPs) consider ESG factors during due diligence. However, there
is no single standard for general partners (GPs) to follow and it can be
difficult for LPs to collect the ESG data they need.
ESG reporting in iLEVEL covers 29 metrics shown to be relevant to
investors seeking data from portfolio companies and PE or VC funds
themselves. The metrics were developed through extensive research
conducted by IHS Markit with general partners and limited partners.
Flexibility in iLEVEL also permits GPs to customize the ESG metrics they
want to collect based on their investor needs or portfolio companies’
“General partners and portfolio companies understand the value of ESG
reporting, yet it has been a challenge to identify, collect and
distribute relevant data,” said Melissa Ferraz, managing director at IHS
Markit. “Integrating ESG metrics into iLEVEL’s digital framework helps
GPs collect, aggregate and report portfolio data more quickly, making it
easier for LPs to understand and evaluate ESG performance.”
Capturing CO2 footprint, diversity in employment,
independence of board members and other ESG reporting metrics in iLEVEL
helps GPs and LPs apply non-financial data to their value creation and
risk management processes, two areas of interest for investors,
according to IHS Markit research. Furthermore, facilitating ESG
reporting can be viewed as a competitive advantage for GPs seeking to
win mandates from investors interested in social or environmental
Adding ESG reporting is a natural expansion for iLEVEL, a cloud platform
that streamlines data collection and dissemination in private equity,
venture capital, real estate, infrastructure and private credit markets.
iLEVEL provides GPs with an integrated system for portfolio monitoring,
analytics, valuation and reporting and gives LPs a standardized
mechanism with which to collect portfolio information from GPs.
About IHS Markit (www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical information,
analytics and solutions for the major industries and markets that drive
economies worldwide. The company delivers next-generation information,
analytics and solutions to customers in business, finance and
government, improving their operational efficiency and providing deep
insights that lead to well-informed, confident decisions. IHS Markit has
more than 50,000 business and government customers, including 80 percent
of the Fortune Global 500 and the world’s leading financial
institutions. Headquartered in London, IHS Markit is committed to
sustainable, profitable growth.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or its
affiliates. All other company and product names may be trademarks of
their respective owners © 2019 IHS Markit Ltd. All rights reserved.
+1 212 205 7101
+1 303 858 6417