DGGF works with private equity fund in DR Congo to champion ESG on the ground
It’s the Dutch Good Growth Fund’s (DGGF) ambition to generate impact where it is most needed and to play a role in strengthening the socio-economic fabric in fragile and high-risk countries. It is first and foremost a quest for balance.
Simply put, one must address the question of whether investment funds and financial institutions in these countries can deliver economic growth, while avoiding the pitfalls of operating in contexts with low environmental, social and governance (ESG) standards.
PricewaterhouseCooper’s ESG team strives to find the right balance in every transaction by performing a thorough ESG due diligence on all funds and financial institutions that aspire to enter DGGF’s portfolio. The team also offers technical assistance for DGGF investees – for example, on-site ESG trainings, or coaching and advisory services to improve ESG policies and processes. The aim is to support fund managers and key functions (e.g. ESG officers) in detecting what ESG risks are material in their portfolios and what should be done to mitigate them. The overall approach relies on flexibility, tailor-made assistance and close collaboration with management.
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