Following the launch of Sweep for Finance, we’re excited to collaborate with France Invest to empower its network of private investment firms to decarbonize their portfolios.
We’re proud to partner with France Invest, the industry association representing private equity, infrastructure, and private debt professionals. Sweep will support its members to measure, track, and reduce their financed emissions.
In 2021, private markets reached a record $6.3T in assets under management, which is projected to exceed $11T by 2026. By working with their portfolio companies on emission reduction and driving funding in key areas, the association can play an essential role in accelerating global decarbonization.
As part of our collaboration, France Invest’s network of 400+ management companies will have access to Sweep for Finance, our leading solution for financial institutions.
Designed by Marie-Anne Vincent, our VP of Climate Finance, it delivers a complete, real-time picture of investment emissions, and facilitates the exchange of carbon and ESG data across portfolios and value chains.
She said: “In 2023, investors have to back their decisions with extra financial information to be compliant with upcoming regulations and decarbonize at scale. That’s why collaboration between investors and portfolio companies is crucial to tracking and acting on their emissions and other ESG metrics.”
Financial firms such as Coatue, Eurazeo, and Mirova, have already been using Sweep for Finance to streamline the decarbonization of their activities all while supporting their investees in their climate journeys.