IRVINE, CA, November 3, 2022 – TriVista, a leading advisory firm focused on operations, supply chain and technology, today announced the launch of its Environmental, Social and Governance (ESG) Due Diligence service. With a growing global focus on sustainability and corporate responsibility, TriVista’s new offering will help teams assess and measure ESG processes, programs and metrics.
This service will further build out TriVista’s Transaction Advisory Services practice led by Gavin Fielden, a Managing Director for the firm.
The ESG space has grown enormously in importance, particularly over recent years, for corporations, investors and consumers,” said Fielden. “With this new service, we’ll support our clients in understanding the risks and opportunities associated with each component of E, S and G.
TriVista recently conducted an informal survey of around 40 private equity leaders across 25 firms. Nearly all the firms polled with fund sizes >$300M are conducting ESG Due Diligence on at least 70% of transactions. And of those that don’t, 78% say they have plans to within the next three years.
For private equity firms, ESG Due Diligence will provide a comprehensive review of a target’s entire value chain and will consider how each aspect of ESG impacts the organization, investors and the world. Utilizing proprietary benchmarks, TriVista will help clients navigate complex ESG assessments in accordance with industry-specific requirements and regulatory requirements such as those from the Sustainability Accounting Standards Board (SASB). More than a third of survey respondents leverage these types of metrics in the annual reports of their portfolio companies.
Providing ESG Due Diligence was an important service for us to launch with many of our clients increasing their focus on ESG-related strategies,” said Tim Ristoff, Founder and CEO at TriVista. “The service offers robust capabilities for our clients’ evolving needs and complements our established offerings – allowing for streamlined due diligence workstreams.
For more information on ESG Due Diligence, please contact us.
About TriVista
TriVista is a leading advisory firm focused on operations, supply chain, technology, and executive recruiting that provides transaction advisory services to private equity firms, and performance-improvement support to operating companies. We’ve partnered with the world’s top investors and executive leadership teams to transform businesses and drive enterprise value. Learn more at https://trivista.com.