Global sustainable development consultancy Arup announced a strategic partnership and investment in Re:Co, a leading software and advisory company supporting the private equity market, to develop market-leading digital sustainability services.
Together, Arup and Re:Co will co-create a suite of tools and solutions aimed at improving performance across sustainability metrics while also achieving a high return-on-investment for funds and portfolio companies, encouraging increased green financing within the private equity sector.
Climate change demands swift action, and the way businesses operate today will undergo significant transformation in the coming decades. As the effects of climate change continue to intensify, the need to understand and manage exposure to related risks will grow. Businesses that do not anticipate and adapt to this changing landscape are likely to face increased business uncertainty and value erosion.