MSCI adds private firm climate tool

MSCI has announced the launch of MSCI Private Company Data Connect, a tool that provides access to private companies’ sustainability and climate data.

MSCI Private Company Data Connect is designed for investors enabling them to:

• Execute due diligence and risk management processes;
• Respond to client and regulatory sustainability reporting requirements;
• Develop sustainable value creation strategies, such as engagement and target-setting for their portfolio companies.

MSCI Private Company Data Connect also helps companies without emissions data simplify carbon accounting through software from Persefoni AI.

Eric Moen, Head of ESG at MSCI, says, “As companies’ sustainability and climate considerations are increasingly being used in capital allocation, lending, and other decision-making processes, investors need an efficient and effective way to share and analyze this critical data. In recent years, there has been an uptick in global regulator and client demand for more reporting and data around the overall sustainability of GPs’ investments. MSCI Private Company Data Connect is designed to give investors similar levels of insight into private companies’ sustainability practices with which they assess publicly traded corporations, underscoring MSCI’s deep commitment to enhancing transparency across the global private asset investment landscape and helping investors manage complex, total portfolios.”