LTIIA partners with eFront to improve ESG infrastructure reporting
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The Long Term Infrastructure Investors Association (LTIIA) and eFront, a provider of software solutions for alternative asset classes, have joined forces to develop a library of Environmental, Social and Governance (ESG) indicators for infrastructure investments.
The Long Term Infrastructure Investors Association (LTIIA) and eFront, a provider of software solutions for alternative asset classes, have joined forces to develop a library of Environmental, Social and Governance (ESG) indicators for infrastructure investments.
The library will help asset managers and institutional investors collect and manage information on ESG performance of their assets for reporting and certification purposes.
The first 300 indicators will be released this year within eFront’s ESG platform and will not be confined to any one standard or certification.
eFront’s ESG platform, FrontESG, is tightly integrated with financial information and can be accessed via the wider eFront offering.
This provides LPs and GPs with the ability to attain a holistic view of their portfolios and a more robust approach to integrating ESG information into investment processes.
Tarek Chouman, eFront Chief Sales and Marketing Officer, said: “Infrastructure investors are looking for guidance on what information is relevant to collect and manage. We are excited to be co- developing the ESG library with LTIIA. This library will enable infrastructure investors to integrate relevant ESG information into investment decision making.”
Founded in 2014, LTIIA gathers investors that collectively manage in excess of $5trn of assets and that include some of the most active investors globally in the field of long term investment in infrastructure.
Eugene Zhuchenko, LTIIA Executive Director, said: “We are pleased to partner with eFront for the development of ESG library. Concrete tools, such as this one, is what many investors need today for acting on their commitment to invest in infrastructure more responsibly.”