Greenstone Investor ESG solution wins prestigious private equity award
Greenstone has been announced the winner of the ´Technology: ESG´ award at The Drawdown Awards ceremony. The Drawdown Awards celebrate excellence and innovation within private capital fund operations.
This award recognises Greenstone’s leadership in technology innovation through the launch and development of its investor ESG solution, InvestorPortal, which is currently being used by Private Equity firms globally with a collective total of over $400bn AUM. Through an easy-to-use interface, InvestorPortal simplifies the collection, management, analysis and reporting of ESG data for the General Partners, their portfolio companies and their own investors.
InvestorPortal is also enabling these firms to accurately calculate GHG emissions at Fund or Portfolio level. Measuring and tracking the GHG emissions of an investment portfolio enables investors to fully understand GHG impacts, identify climate-change related risks, meet regulatory requirements and calculate indirect (Scope 3) emissions across a value chain.
The Drawdown service provider awards celebrate suppliers and vendors that have demonstrated expertise and top-class client services standards in their provision of services and advice to the private equity fund community. With a judging panel made up of leading industry practitioners (both GPs and LPs), the rigorous judging process makes these awards stand out from the crowd in both rigour and prestige. The winners were selected by the judges based on a combination of demonstrable customer and revenue growth, as well as new initiatives, products or services that have aided the business and helped clients.
InvestorPortal’s multiple dashboards enable users to engage at portfolio, fund and company-level and to identify and compare key ESG metrics and trends. Questions can be mapped to multiple global sustainability reporting frameworks such as CDP, GRI, SASB, SDGs, SFDR, TCFD etc. to streamline reporting. Portfolio companies are also able to calculate and report their own carbon footprints through easy-to-use step-by-step guided data ‘wizards’. For many portfolio companies, these wizards are a significant first-step in their journey to measure and reduce carbon emissions and most are using this data for their internal reporting at board-level and external reports.
Matthew de Villiers, Greenstone´s CEO comments:
'This award recognises Greenstone´s client promise to deliver ´data that talks to you´, focussed on enabling informed business decisions through accurate and robust primary data. We have been delivering sustainability and ESG solutions to the market for 15 years now and we are delighted that our newest solution, InvestorPortal, is receiving so much traction and recognition.´