How LPs Evaluate GP ESG Reporting Standards

In this episode, Lucas and Luna explore how limited partners assess a venture firm's environmental, social, and governance reporting. They dig into a 2025 survey showing that 72 percent of LPs now request ESG data during due diligence, yet only a third of GPs provide standardized metrics. They discuss the rise of the SFDR framework in Europe, the push toward the International Sustainability Standards Board's climate disclosure benchmarks, and why some LPs are demanding third-party audits of ESG claims. Lucas shares a practical checklist for evaluating a GP's ESG reporting—from whether they use a recognized framework to how they handle data gaps. They also touch on the tension between ESG commitments and returns, and how the trend is reshaping LP-GP conversations even in early-stage funds. A must-listen for anyone involved in fund selection or fund governance. #ESGReporting #LimitedPartners #VentureCapital #GPReporting #SFDR #ISSB #ClimateDisclosure #DueDiligence #FundGovernance #SustainableInvesting #PrivateEquity #ImpactInvesting #DataTransparency #ThirdPartyAudit #Finance #Business #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo