Private Equity Is Made for ESG Investment, but Don't Leave Money on the Table
By Chris Hagler
In many ways, private equity is made to be invested in environmental, social and governance (ESG) initiatives. But it takes thoughtful strategies to ensure those investments generate maximum value for both business and society.
Record levels of cash reserves — including $1.1 trillion in the U.S. and another $6.3 trillion in assets under management — combined with increased investor focus on ESG could make private equity an attractive vehicle for creating real impact.
Why private equity is well-suited to ESG investment
ESG topics are important to limited partners and their stakeholders, especially those dealing in pension funds and sovereign wealth funds. Ninety-three percent of limited partners said they would walk away from an investment opportunity if it posed an ESG concern, according to a 2022 survey from Bain and the Institutional Limited Partners Association.
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About Chris Hagler and Independence Point Advisors
Chris brings more than 20 years of business expertise in the advancement of Environmental Social Governance (ESG) from the board level, throughout the organization and down to the bottom line. Chris is a Partner and Head of ESG at Independence Point Advisors. Previously she was with EY (Ernst & Young) in Atlanta for over 10 years where she was the Executive Director & Southeast Leader in the Climate Change and Sustainability Services Practice. She holds a Master of Science in the Management of Technology from Georgia Institute of Technology and a Bachelor’s degree from the University of Toledo.
Independence Point Advisors (“IPA”) is a women-owned investment bank and advisory firm that was founded on the belief that today’s clients have a diversity of opportunities and challenges that require a diversity of talent to navigate. Through a strategic alliance with Lazard, IPA has created an unrivaled combination of diverse perspectives and experience with Lazard’s preeminent brand in strategic advisory. IPA intends to have a women-owned broker dealer with best-in-class equity and debt capital markets talent. IPA has also formed a team of experts at the intersection of global risk, geostrategy, cyber security, ESG, human capital and board diversity – top of mind issues facing corporate leaders today. For more information about IPA, please visit www.independencepoint.com
About Land Betterment Corporation
Land Betterment Corporation, an Indiana Benefit Corporation and Pending B-Corp, is an environmental solutions company focused on fostering a positive impact through upcycling former coal mining sites to create sustainable community development and job creation. The Company utilizes a complete solution-based lifecycle program to restore and rehabilitate the environment and revitalize communities in need of change and opportunity. Land Betterment accomplishes this by identifying un-reclaimed, run-down and neglected coal mining sites, fixing the environment through reclamation and remediation, and then repurposing the land to support a sustainable business that serves the community. Land Betterment firmly believes that with real solutions it is possible for restoration of impacted areas to live side-by-side long term employment, while building sustainable and safe surroundings for communities and our planet. For more information visit landbetterment.com or connect with the Company on Facebook, Twitter, and LinkedIn
Special Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company’s actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond Land Betterment Corporation’s control. The words “believes”, “may”, “will”, “should”, “would”, “could”, “continue”, “seeks”, “anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.
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