Robeco Private Equity assesses the ESG performance of PE managers on an annual basis. We combine the scores for the two modules into a total ESG score which we communicate to the managers together with recommendations on how they can improve their ESG frameworks in the future.
Robeco Private Equity also monitors progress of individual managers over time and benchmarks managers against the best performers in its ESG engagement program. The ESG score card which managers receive provides some insights into the best practices among the PRI signatories in general.
In addition, Robeco Private Equity continuously monitors whether ESG-related incidents have taken place in the portfolio companies of PE funds that are part of its ESG engagement universe. RepRisk is being used for this purpose. The tool also provides metrics (e.g. index and ratings) that allow for the measurement of reputational risk of individual companies and portfolios as a whole.