Role of LPs in pushing ESG and decarbonisation agenda

  • Nicolas Muller, Managing Director (Head of Private Equity Partnerships), Blue Earth Capital
  • Rohit Anand, Regional Head (SE Asia) and Head of Infrastructure Equity, Asia, British International Investment
  • Saima Rehman, Investment Officer, PE Funds, East Asia & Pacific, International Finance Corporation (IFC)
  • Eka Himawan, Co-Founder and Managing Director, Xurya
  • Kavitha Nair, Senior Reporter, DealStreetAsia [Moderator]

More and more asset managers are laying emphasis on exercising Environmental, Social and Governance (ESG) policies, driven primarily by the requirement of their investors. In addition to development finance institutions, whose focus is to drive impacts through fund investments, other limited partners (LPs) are increasingly demanding fund managers to showcase their commitment to and ability in incorporating ESG practices. Fundraising in Asia Pacific fell to a 10-year low in 2023, with private equity firms raising just $100 billion. As it is time for investors to separate the wheat from the chaff, a clear ESG agenda allows funds to have a distinguishing advantage.