Environmental, social and governance (ESG) issues have rapidly become relevant to PE firms across the board, rather than just those with an ESG focus. LPs are driving that interest by peppering GPs with questions about ESG factors – particularly diversity, equality and inclusion (DEI) issues – at their PE firms and portfolio companies as part of their operational due diligence. Beyond merely appeasing investors’ interest, however, GPs are pursuing ESG agendas in the hope, among other things, of creating value in their portfolios. Accurate and relevant ESG information is therefore key to those industry developments, but standardized ESG reporting remains in the early stages of development. To address some of those and other current issues around ESG and DEI reporting, Privcap Media recently hosted a webinar moderated by Privcap Media partner David Snow and featuring Ignacio Sarria, managing director at New Mountain Capital; Meghan McAlpine, director, strategy and product marketing at SS&C Intralinks; and Meg Lentz, principal at Malk Partners. This article summarizes the key insights and takeaways from the discussion. For coverage of another Privcap Media webinar, see “LPs Are Increasingly Frustrated GPs’ Outdated Technology and Non-Standardized Reporting” (Dec. 15, 2020).