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Carlyle exec complains of firms’ ‘fatigue’ over ESG: ‘We’ve been running in 1,000 different directions’
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Financial services firms have “framework fatigue” as confusion reigns over which reporting standards to use when measuring ESG performance.
“One of the challenges we have in ESG data and this larger space is that in pursuit of our overall goal, which is a set of meaningful performance-based comparable data, we’ve been running in 1,000 different directions,” said Megan Starr, global head of impact at private equity firm Carlyle, speaking during the Bloomberg Sustainability Summit on 8 December.
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