In this episode of EY NextWave Private Equity podcast, the speakers explore how operating executives can effectively communicate the value prop of ESG at the portco level.
Maha Eltobgy, Chief Sustainability Officer and Managing Director at Brightstar Capital Partners, joins host Winna Brown to discuss the approach that Brightstar is taking to implement ESG on the ground.
ESG is top of mind for PE executives right now. According to the 2022 EY Global Private Equity Survey, ESG is one of the top four strategic priorities listed by PE firms. Forty-two percent of the largest fund managers seriously consider ESG in their decision-making process, while a further 39% say they consider ESG issues seriously in certain risk areas. ESG is a top priority for firms, but effectively implementing ESG strategy and principles across the portfolio remains challenging.
Key takeaways:
Five ways PE can navigate the implementation of ESG strategy and principles across the portfolio are:
- Win the trust of management teams
- Start with employee retention and engagement
- Meet the portfolio company where they are in their journey
- Demonstrate how ESG values translate to business value
- Translate ESG principles into tangible, actionable initiatives
For your convenience, full text transcript of this podcast is also available. Read the transcript.
Presenters
Maha Eltobgy
Chief Sustainability Officer and Managing Director, Brightstar Capital Partners
Winna Brown
EY Americas ESG Private Equity Leader; Partner, Private Equity Client Service, Ernst & Young LLPPodcast
Episode 52
Duration 24m 00s
In this series
Series overviewHow Brightstar balances value and values when implementing ESG
Episode 52
Presenters
Chief Sustainability Officer and Managing Director, Brightstar Capital Partners
EY Americas ESG Private Equity Leader; Partner, Private Equity Client Service, Ernst & Young LLP
How geopolitical power shifts will affect investment opportunities
Episode 51
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EY Americas ESG Private Equity Leader; Partner, Private Equity Client Service, Ernst & Young LLP
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Episode 50
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EY Americas ESG Private Equity Leader; Partner, Private Equity Client Service, Ernst & Young LLP
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Episode 49
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EY Americas Financial Accounting Advisory Services Transactions Leader; SPAC Co-Leader
EY Americas ESG Private Equity Leader; Partner, Private Equity Client Service, Ernst & Young LLP
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Episode 48
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EY-Parthenon Chief Economist, Strategy and Transactions, Ernst & Young LLP
EY Americas ESG Private Equity Leader; Partner, Private Equity Client Service, Ernst & Young LLP
PE Pulse: Five takeaways from 1Q 2022
Episode 47
Presenters
EY Americas ESG Private Equity Leader; Partner, Private Equity Client Service, Ernst & Young LLP
What PE is outsourcing to create value
Episode 46
Presenters
EY Americas ESG Private Equity Leader; Partner, Private Equity Client Service, Ernst & Young LLP
How PE can use the ‘See, Solve, Scale’ process to screen investments
Episode 45
Presenters
Executive Director of the Nelson Center for Entrepreneurship at Brown University
EY Americas ESG Private Equity Leader; Partner, Private Equity Client Service, Ernst & Young LLP
