Client Challenge – Implementing a Best in Class ESG Program

An established mid-market buyout/growth fund client needed to update their current ESG program from diligence to reporting, to align to industry best practices and respond to LP requirements.

The Solution – Petra’s Outsourced ESG Director

Petra developed a customized end-to-end ESG program including a diligence / screening approach for new investments, a full review of the annual ESG questionnaire in line with recognized frameworks, and the development of a value creation planning strategy. Petra conducted portfolio monitoring and engagement support for portfolio companies, as well as ongoing LP reporting. Petra also completed the client’s UNPRI & EDCI submissions and produced an annual ESG & TCFD report.

Key Results

• Developed and implemented a best-in-class ESG program
• Enabled access to capital from ESG-focused LPs
• Produced detailed ESG analytics and insights
• Developed value creation plans for 45+ portfolio companies
• Aligned ESG reporting with upcoming regulatory requirements in the US/EU
• Significant time and cost savings for the client