IFAs urged to build ESG questions into fact finds

October 13, 2020 EcoVadis ‏‏‎


A NextWealth study finds that 78 per cent of advisers include information about ESG, ethical, impact or sustainable investing as part of their know your client process.

The same proportion agree that these kind of questions should be included under the FCA’s KYC heading.

And while ESG is raised in some 17 per cent of client conversations, a jump from 7.5 per cent this time last year, questions remain as to whether advisers are going far enough, given Mifid II rules coming into effect next March will require IFAs to take a client’s sustainability interests into account when recommending a product.



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EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 160+ countries.

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