Diversity, equity & inclusion: ESG Data convergence

The ESG Data Convergence Initiative (‘EDCI’) was launched in 2021 to streamline the fragmented approach to ESG data collection seen across the private markets industry.

Key metrics captured include:
• GHG emissions
• Renewable energy
• Net-Zero alignment (strategy in place; short term GHG target; & ambition)
• Diversity
• Work-related accidents
• Net new hires
• Employee engagement

This initiative allows GPs to collect ESG data on underlying portfolio companies more easily but also allows investors to make more meaningful comparisons across their portfolios. We are pleased to see good progress in the adoption of the EDCI across the industry with a number of portfolio GPs and influential institutional investors becoming signatories. Brunel will continue to encourage our GPs to become signatories to the EDCI where practicable. Brunel has now become an LP signatory to the EDCI.