Case Study
ESG Due Diligence for a Prominent Venture Capital Fund
One of the leading Venture Capital Funds in India with 6 Funds through onshore and offshore vehicles.
The business situation
With a requirement to meet the requirements of international investors like IFC, the client planned to conduct an ESG Due Diligence for 60 investee companies to review and consolidate the ESG Performance of portfolio companies.
Our team's role
- Development of an assessment questionnaire based on investor requirements
- Training and education for investee companies to understand and respond to requirements
- Response collection and analysis for 60 investee companies
- Development of Management Reports highlighting portfolio ESG performance and critical concerns for management
- Development of ‘Due Diligence’ reports of investee companies
- Development of ‘ESG Communications Report’ tailored for the client’s investors
The value our team added
Through a comprehensive ESG due diligence process involving methodological assessment of 60 portfolio companies, the client was able to align their investments with their responsible investing commitments. The ESG Due Diligence helped the client not only meet their investor requirements in a timely and effective manner but also assess their ESG portfolio performance, create significant awareness among investee companies, identify critical concerns for management, and identify improvement course of action through Corrective and Preventive Action Plans (CAPA).