Adams Street Partners, a $49.5 billion investment firm, said that it has started using a real-time ESG data analytics system to assess the performance of underlying funds and private companies.

Yohan Hill, Director of ESG and Responsible Investing at Adams Street said, “Quantitative insights drawn from ESG data enhance our ability to identify opportunities and better understand risks. Adams Street is actively accelerating its ESG expertise as we work to develop new investment and reporting capabilities.”

A global provider of financial services, Apex Group Ltd. is providing Adams Street with a custom ESG Ratings and Reporting solution. During investment and operational due diligence, the analytics platform provides tailor-made insights based on a variety of ESG data streams. As part of this collaboration, Adams Street is also developing a tailored solution to collect and report impact data. This will be used by Adams Street to monitor future impact investments. As a result, ESG and impact investing strategies are becoming increasingly relevant to investment managers.

Andy Pitts-Tucker, Managing Director, Apex ESG Ratings & Advisory, said, “The accurate capture, analysis, and reporting of quality ESG data is now critical for private markets investors. Our ESG Ratings and Impact Reporting services can help users to mitigate risk, comply with regulatory requirements, and generate sustainable results.”

The Adam Street Group has a long history of investing responsibly, signing up to the UN-supported Principles for Responsible Investment (PRI) in 2010 and supporting the Task Force on Climate-Related Financial Disclosures (TCFD). Moreover, Adams Street Partners is a member of Initiative Climat International (iCI), an investor-led platform that fosters climate action among leading private equity firms, and the ESG Data Convergence Project, an industry initiative that streamlines and harmonizes environmental, social, and governance metrics.