Middle Market Growth featured Enhanced Capital President and CEO Michael Korengold in an article on “How Public Scrutiny of ESG Impacts Private Equity’s Investment Strategy.” Written by reporter Carolyn Vallejo, the piece looks at growing concerns around ‘ESG-washing’ and how private equity ESG investors might be affected.
In the piece, Michael notes that despite concerns about greenwashing, ESG is here to stay and that increased scrutiny is having a positive impact and leading to a fast pace of development in and around ESG, impact investment, tracking, and reporting.
“It’s great for potential investors, and it’s great for everybody who’s interested in this area becoming a more mature way to measure how a firm performs–besides just investment performance.”