Environmental, Social and Governance (ESG)

Overview

Financial services organisations are increasing their ESG efforts in response to rising public concerns over the impact of climate and environmental risks and growing regulatory obligations. Integrating ESG into your business will require tailored solutions.

We can assist you to better understand and navigate the complexities of risks, opportunities and regulations in your ESG transformation journey.

ESG strategy

Advice on setting ESG vision and mission
Assist to develop strategic plan in relation to ESG / sustainable banking
Product offering strategy, including market intelligence and research
Impact assessment on your Target Operating Model (TOM) Value chain
Assist to develop ESG strategy, goal and target setting
Benchmark analysis (Peer/Product comparison)
Advice on ESG performance management metrics / KPIs

ESG implementation

Strategy vs implementation gap analysis
Develop or review of ESG policies and procedures
Advise on integration of ESG and climate risk into business and risk management processes
Implementation or review of ESG investment management processes
Implementation or review of ESG product offering strategy
Implementation or review of internal product design processes
Conduct due diligence testing – investment linking product prospectus, actual product offered to clients, and ESG processes of external managers
Assurance on ESG integration process
Review ESG governance framework
Embed climate risk into risk management
Providing support on developing climate risk management processes, include processes such as identifying and analysing climate risk, developing TCFD scenario models and performing stress testing
Enhance the mandate management framework to include ESG considerations

Health checks and training

Regulatory gap analysis
ESG implementation health check
ESG disclosure/reporting health check
Employee training & workshops
ESG process effectiveness review

Transparency and disclosures

Independent product due diligence testing
Public and client disclosures on the ESG philosophy and methodology adopted
Assist to formulate disclosure and communication strategy to engage with stakeholders
Assess client documentation and reports
Sustainability risk reporting
Define key performance indicators (KPIs) and link to Sustainable Development Goals (SDGs) for measuring and reporting on ESG investments and green finance
Assistance on drafting ESG disclosure report
Assess stakeholder engagement and materiality assessment processes
Provide assurance for data used in ESG disclosure report to enhance credibility
Board and management reporting on ESG initiatives