The war on ESG doesn’t make sense. Least of all for taxpayers

“I am really frustrated. They [the VC Funds] don’t want to engage when we ask about ESG but they will have to. We are getting somewhere in all other asset classes already.” During our latest conversations with asset owners and limited partners (LPs) in the U.S., some were complaining that the early-stage venture capital (VC) investors they were investing in weren’t keen on ESG. 

The head of ESG at a major American asset owner explained in depth how many big U.S. VC funds have resisted scrutiny of ESG reporting and integration. This is nearly a standard practice in all other asset classes. READ MORE