While climate-related issues have been the focus of ESG in recent years, social issues are growing in importance, both for regulators and investors. Traditional ESG approaches provide the foundation for proper due diligence, but a systemic social risk approach can ensure that negative social impacts are scrupulously managed.
Desjardins’ RI Specialist, Deborah Debas, clears up the confusion around KYP, and provides tips on how to utilize both KYC and KYP during the client discovery process.