We partner with lower and mid-market private investment firms to navigate the complete spectrum of responsible investing—from defending against ESG risks to actively deploying capital for intentional, measurable social and environmental impact.
ESG and Impact Investing serve different purposes. We help you determine which approach—or combination—aligns with your investment thesis.
Looking Inward: Protect portfolio value by managing ESG risks
The Question: "How do we avoid harm and minimize ESG-related risks across our portfolio?"
Looking Outward: Deploy capital to create intentional, measurable change
The Question: "How do we actively create positive social and environmental change while generating financial returns?"
Most firms choose one or the other. We help you leverage both—using ESG to screen out risks while Impact identifies transformative opportunities.
Build resilient portfolios by integrating ESG risk management into every investment decision
Layer intentional impact strategies to generate measurable social and environmental outcomes
Portfolios that are both defensive (protected from ESG risks) and offensive (generating measurable positive impact)—maximizing both risk-adjusted returns and real-world outcomes.
Different investment theses require different approaches. We help you determine the right strategy.
ESG helps you screen out companies with poor practices. Impact investing helps you find companies solving critical problems. Or do both.
ESG integrates sustainability into traditional analysis. Impact requires explicit intention to generate measurable outcomes. We clarify the distinction.
ESG uses ratings and materiality assessments. Impact uses outcome-based metrics and theory of change. We build the right frameworks.
ESG typically works in public markets. Impact often concentrates in private markets and thematic funds. We identify your opportunities.
End-to-end support across the responsible investing spectrum
Build repeatable processes to identify, assess, and manage ESG risks across your investment lifecycle.
Design and implement intentional impact strategies with clear social and environmental goals.
Combine defensive ESG risk management with offensive impact creation for transformative portfolios.
Our foundation in Risk Management informs everything we do. We apply forward-looking, innovative thinking to help our clients navigate complex and evolving ESG and Impact Investing risks.
Holistic risk and opportunity assessments | Strategic recommendations aligned to client objectives | Customized mitigation strategies for evolving risks
ESTABLISHED
INDUSTRY SECTORS
CLIENT FOCUSED
CORE CAPABILITIES
From emerging markets to established cities — responsible investing shapes the world we live in.
Deep knowledge in industries where ESG risks and impact opportunities intersect
ESG: Emissions tracking, supply chain transparency
Impact: Decarbonization strategies, last-mile sustainability
ESG: Data security, regulatory compliance
Impact: Financial inclusion, responsible finance
ESG: Health & safety, waste management
Impact: Sustainable sourcing, food security initiatives
ESG: Resource management, climate risk
Impact: Regenerative agriculture, smallholder empowerment
ESG: Supply chain ethics, DEI compliance
Impact: Circular economy models, social enterprise support
ESG: Patient safety, ethical research
Impact: Healthcare access, treatment affordability
A systematic approach to combining ESG risk management with impact creation
Define whether you need ESG, Impact, or an integrated approach based on your investment thesis
Identify ESG risks to mitigate AND impact opportunities to pursue
Build measurement systems for both ESG performance and impact outcomes
Integrate frameworks into due diligence, portfolio management, and reporting
Monitor, measure, and optimize both risk mitigation and impact generation
A team with deep expertise in sustainability, ESG, and impact investing
Senior Managing Director
Advisor / Subject Matter Expert
Advisor / Subject Matter Expert
Advisor / Subject Matter Expert
Fregun Risk Advisors (FRA) is a leading provider of advisory solutions to lower and mid-market private investment firms, offering a comprehensive suite of services designed to address the risks and opportunities within the ESG and Impact Investing landscape.
Private Investment Firms: We support private investment firms in developing and enhancing ESG and Impact Investing opportunity mapping strategies. Our approach helps clients integrate ESG factors into investment decision-making, enabling them to manage risk effectively while identifying opportunities that drive long-term value creation.
Portfolio Companies: By identifying and addressing ESG and impact-related risks early in the investment lifecycle, portfolio companies can reduce exposure to sustainability risks linked to operational inefficiencies, resource mismanagement, and regulatory non-compliance.
Our success is built on understanding client objectives, anticipating needs, and creating relevant solutions. We reject one-size-fits-all approaches, instead working closely with each client to design tailored responsible investment practices that meet both institutional priorities and market expectations.
Let's discuss whether ESG, Impact, or an integrated approach aligns with your investment goals