Strategy
- Definition of a “Sustainability Strategy” for the product shelf and the firm at large → strategic positioning
Disclosures
- Disclosure of certain elements of the sustainability strategy
Processes
Incorporation of sustainability preferences in the suitability test of the client
Inclusion of ESG criteria in the distributor target market
Mapping of sustainability criteria defined in the manufacturer and in the own target market to the client’s individual ESG preferences
People & Organisation
Upskilling of all affected employees (incl. Management)
Need for SF / ESG specialists
Policy review and update
IT & Data
New information on sustainability indicators (e.g. ESG ratings) must be readily available in the systems of the distributor, i.e. new data must be loaded into the system (additional data fields)
Selection of adequate ESG-data providers
Implementation of control systems to monitor the client’s portfolio composition with regards to ESG-criteria
