Preqin and Impact Institute say solution will aide investment professionals
A constant theme in surveys about ESG and impact investing is that the data available is unreliable or incomplete, making it hard for investors to adequately make assessments.
This is especially challenging when considering private companies that do not have the regulatory requirements for disclosures of publicly listed firms. But a new partnership aims to address the opaque nature of these assets and make it easier for investment professionals to access data.
Alternative assets data provider Preqin has partnered with tech solution provider Impact Institute to provide cutting-edge asset-level impact data to enhance deal origination workflows. They also say the offering will also help with assessment of impact of investment portfolios within Capital Markets.
“Our partnership with Impact Institute marks a pivotal moment for investors seeking to harness the power of impact data,” said Jaclyn Bouchard, EVP, Head of ESG Solutions & Corporate Responsibility at Preqin. “We are illuminating the path forward for decision making and analysis, offering investors a much-needed transparency to navigate the complexities of ESG and impact integration in investment processes.”
The partnership will bring Impact Institute’s Global Impact Database to Preqin’s ESG Solutions datasets, with over 300,000 private companies analyzed to provide impact metrics that explain the potential global impact.
“We believe the alternatives community drives financial innovation,” said Adrian de Groot Ruiz, CEO at Impact Institute. “By merging impact data with financial insights, we're shaping the future of investment decision-making, empowering investors in alternatives to drive positive change with a unique tool that redefines how we measure and manage return, risk and impact.”
A recent report shows that a significant portion of large Canadian institutional investors are gearing up to launch impact funds focused on climate-change solutions this year.
