The report prvides six recommendations that serve to advance climate-related assessments for use in client engagement, of which three are directed at client-facing staff:
– Based on the Guide, seek internal collaborations to locate, sort and collect the data and insights you need for client engagement.
– Invest time in educational opportunities to ensure you ask the right questions, understand the data and interpret climate-related assessments for client dialogues.
– Use assessments of forward-looking plans and share experiences of client engagement so internal processes can be improved to support climate objectives.
and three are in the sphere of control of group strategy teams:
– Build on the Guide’s structure to determine sector-specific questionnaires that ensure data is collected in an efficient and coherent manner.
– Increase the usability of data and insights to allow a wide variety of internal stakeholders to better locate and analyse asset-level data for use in assessment, client engagement and product innovation.
– Strengthen in-house processes and capabilities for transition-plan evaluation tools and methodologies across business lines.
The report also presents case studies on client engagement from financial institutions