MSCI has launched a new platform that will allow private companies to self-report their sustainability and climate disclosures to investors.
The platform allows companies to securely report data to investors, approve or decline requests from GPs and lenders, and proactively provide data to active market participants.
Launched amid increased global demand for sustainability reporting, the platform offers investors insights into private company sustainability practices, similar to public company assessments.
The platform uses the ESG IDP template, a tool created by Apollo Global Management and Oak Hill Advisors, to standardize ESG disclosures for private markets. The tool also provides users with access to an AI-powered, carbon measurement and reporting tool provided by Climate Management & Accounting Platform (CMAP) provider Persefoni.
Eric Moen, ESG Head, MSCI, said, “As companies’ sustainability and climate considerations are increasingly being used in capital allocation, lending, and other decision-making processes, investors need an efficient and effective way to share and analyze this critical data.”
Kentaro Kawamori, CEO and Co-Founder, Persefoni, said, “This collaboration targets a pivotal area in today’s corporate sustainability efforts. It closes the carbon emissions reporting gap for both public and private companies. This initiative represents a material stride towards enhancing transparency in private assets, a sector where data accessibility has traditionally been challenging.”
