WeAreEurope Software
The European private equity market is vast but fragmented. A pan-European fund raising capital in France, Germany, and the Netherlands found itself managing three different sets of ESG questionnaires — with incompatible indicators, methodologies, and scopes.
To address this inefficiency, the leading national private equity associations launched the WeAreEurope initiative: a common framework, built by practitioners, for practitioners.
Harnest covers all 172 WeAreEurope data points in a single environment, interoperable with SFDR and Invest Europe.
Who is WeAreEurope for?
WeAreEurope is for private equity funds operating in multiple European countries:
- Pan-European funds raising capital from LPs in multiple countries and needing to harmonize their ESG reporting
- SFDR Article 8 or 9 funds that require structured data from their portfolio companies to meet their commitments
- Managers subject to Invest Europe guidelines who wish to adopt a pan-European convergence standard
- Funds whose LPs demand standardized and comparable ESG reporting from one vintage to the next
A standard built by practitioners, for practitioners
What sets WeAreEurope apart from other frameworks is its bottom-up origin. It wasn't designed by regulators or consultants, but by the associations themselves in consultation with their members.
The indicators were chosen because they are genuinely measurable and relevant to the sector – with particular attention paid to portfolio companies, which are often SMEs with limited resources.
172 data points covered
Climate and carbon footprint, natural resources, social practices, fund and portfolio company governance, diversity and inclusion, ESG risk management. Harnest covers the entire WeAreEurope framework in a single environment.
Automatic portfolio aggregation
Collect ESG data at the individual portfolio company level and automatically aggregate it at the fund level. Your LPs receive consolidated, structured, and comparable reporting from one vintage to the next.
Invest Europe Compatible
WeAreEurope was designed to be compatible with Invest Europe guidelines. In Harnest, a data point collected once simultaneously feeds both frameworks — no re-entry, no duplication.
WeAreEurope · Invest Europe: native convergence in Harnest
The fragmentation of ESG standards comes at a real cost: it consumes time, makes data incomparable, and discourages adoption. WeAreEurope was designed to address this – its indicators have been mapped to SFDR requirements and Invest Europe guidelines.
In Harnest, this convergence comes to life natively: a unique data model, multiple deliverables for your LPs, regulators, and professional associations.
Ready to structure your pan-European ESG reporting?
Your LPs operate in multiple countries. Your ESG reporting should speak their language — across Europe, without additional effort.