Monarch Private Capital announced it named Melanie Beckman the firm’s first-ever chief environmental, social and governance (ESG) officer. In this new role, she will be responsible for the firm’s companywide ESG framework, aligning and managing its sustainability goals while also ensuring Monarch provides its investors with the highest-quality reporting on their impact investments. Additionally, Beckman will oversee the firm’s long-term ESG strategy, develop strategic partnerships and manage its relationship with the ESG validation firms Verisk Maplecroft and Bureau Veritas.

“I’m thrilled to take on this role to further position Monarch Private Capital as the industry’s most visionary leader in sustainability,” said Beckman. “Given my background and experience at Monarch, I’m confident we can strengthen our strategies while harnessing innovative solutions to make both our ESG goals and those of our clients a reality.”