A Triple C Consulting (A3C) enables alternative fund managers to outsource their ESG compliance, monitoring, and reporting to A3C. In turn, they can balance efficiency with the increasing demands of sustainability reporting. By letting A3C handle data collection and reporting, A3C enables its clients to concentrate on their core business and strategic oversight and decision-making. A3C provides transparent and timely ESG reporting across all asset classes, allowing fund managers to stay ahead of the ESG investment curve in the private markets.
Implementation with A Triple C Consulting
- Data Collection and Management: A3C will handle the data collection from investees across all funds. This process involves gathering ESG data from portfolio companies at least annually, ensuring comprehensive and up-to-date information.
- ESG Data Platform and Software: The collected data will be stored and structured on A3C’s advanced ESG data platform. This software will ensure that all information is accurately mapped to various ESG KPIs and metrics in compliance with SFDR and TCFD standards.
- Ongoing Reporting: A3C will manage the ongoing updates and scaling of ESG data. As portfolio companies report their ESG metrics annually or more frequently, A3C’s platform will integrate and update this information, maintaining a current and comprehensive database.
- General Partner Access and Utilization: GPs can request this structured data from A3C for their reporting needs. This allows the in-house ESG team to focus on interpreting the data, storytelling, and engaging with LPs rather than on the operational aspects of data collection and entry.
Benefits
- Cost Management: Outsourcing ESG monitoring and reporting tasks to A3C is cost-effective. The fees for A3C’s services can be allocated pro rata to the underlying funds, resulting in a minimal increase in partnership expenses for each LP.
- Operational Efficiency: By outsourcing routine tasks, the in-house ESG team can concentrate on strategic activities, enhancing the overall efficiency of the firm’s ESG program.
- Quality and Expertise: Leveraging A3C’s expertise ensures high-quality ESG data and guidance on best practices, supporting the firm’s strategic ESG objectives.
- Strategic Focus: The CSO and their team can focus on "front office" tasks, such as engaging with existing and prospective LPs and steering the firm’s sustainable investment strategy, rather than being bogged down by operational details.
