IHS Markit Launches ESG Service

IHS Markit, a provider of information, analytics and solutions, announced the launch of an environmental, social and governance (ESG) data collection and reporting solution for private equity (PE) firms, venture capital (VC) firms, their portfolio companies and investors.  The solution is part of iLEVEL, a platform connecting participants in private capital markets. ESG reporting in iLEVEL covers 29 metrics shown to be relevant to investors seeking data from portfolio companies, and PE or VC funds themselves.   Flexibility in iLEVEL also permits GPs to customize the ESG metrics they want to collect based on their investor needs or portfolio companies’ characteristics.