NEW PRIVATE EQUITY ESAP CLIENT
London – Barcelona – Copenhagen – Hong Kong – Singapore – San Francisco – Washington DC
11th September 2019
Turnkey is delighted to announce a new Environmental Social Action Plan (“ESAP”) technology contract with a large Private Equity firm founded in 1998 to make private equity investments such as buyouts, recapitalisations and financial restructurings. Turnkey’s ESAP Technology will be used across 60 investments, all of which are leaders or near leaders in their fields, and are focused in Industries that include food processing, fast food/casual dining, industrial products, fast-moving consumer goods, outdoor advertising, auto rentals, consultancy and professional services, amongst others. Turnkey’s ESAP will help its Private Equity client to digitalise each portfolio companies’ operational data, and then calculate, understand, analyse, monitor, report and reduce the Environmental and Social risks across the whole portfolio.
As an initial rollout, Turnkey’s ESAP Technology will be implemented across 29 Portfolio Companies, bringing online 91 Users across 300 Locations globally. ESAP will be used to run live ESG risks assessments and Action tracking across 118 ESG Indicators within their complex portfolio network to reduce risk and cost throughout their operations, quantify the commercial value to the risk and improve their sustainability performance. It is expected that Turnkey’s ESAP will be rolled out to the entire network of 60 portfolio companies by 2021, and become a core part of the new fund, both pre and post investments.
To learn more about ESAP, Turnkey’s latest Private Equity technology to automate or augment existing ESG due diligence process, please click here.
Please find Turnkey’s Key Numbers update below.
RegTech | Enterprise | ESAP | Sustainable Finance | 3rd Party White-Labeled Technology