This publication is the first ENSEAD publication related to ESG and it establishes a base for our ongoing work on ESG in the private equity industry. We trust that it will provide a practical guide and food for thought for private equity professionals – both GPs and LPs – looking to develop a robust understanding of the current approaches to managing ESG investment considerations in portfolio firms. This paper is published with the express desire to engage more GPs in discussions as they develop their capabilities related to ESG.