Did the global trend towards ESG simplification reduce the availability or quality of ESG data in the institutional private markets?
For the fourth PAI (Principal Adverse Impact) reference period 2025 we engaged with over 1,000 illiquid target funds with the purpose of collecting and validating PAIs via European ESG Template (EET).
A significant number of illiquid funds kept providing quantitative regulatory ESG reporting and this trend remained stable in 2025.
Our findings of the fourth PAI year 2025 can be found under the following link:
The previous versions of the research for the reference years 2022-2024 are available under our old post.