EDCI reporting requires coordination and reporting across your portfolio of companies. PCG can help streamline and simplify the effort.
EDCI (ESG Data Convergence Initiative) launched in 2021 to address the need for standardized and meaningful sustainability data in the private markets. 450+ member firms have committed to the EDCI, representing $38T USD of AUM.
General Partners (GPs) collect sustainability data annually from their portfolio companies and submit to the EDCI so that Limited Partners (LPs) can receive comparable data from underlying GPs. Approximately 80 data points are collected across company fundamentals, GHG emissions, Net Zero, energy consumption, diversity, work-related injuries, new hires, and employee engagement.
The resulting data is shared directly with LPs for analysis, reviewed for accuracy by EDCI & BCG, and included in anonymized benchmarking to support assessments by LPs and GPs. LPs leverage EDCI reporting to make better informed analysis & decisions as to their investments and performance.
Consolidating environmental metrics for EDCI reporting across participating portfolio companies can be time consuming if you are a GP with significant portfolio companies in scope for EDCI. We can ease and accelerate the project management of the emissions & energy data collection effort. Our team brings deep experience supporting the rollout of carbon accounting to portfolio companies. We have supported GPs to use data fund performance internally as well as to report externally - including to EDCI.
Our EDCI GHG Reporting services include:
