The challenge was to develop an ESG tool for a bank that needs to perform a complete preliminary risk assessment for a large number of clients using an easy-to-use tool. Our solution was to pursue a two-pronged approach that reflected the bank’s structure for assessing risk:
Using the tool helped the bank perform due diligence using a more efficient and robust process. The key learnings confirm that the Level I tool, designed with pre-determined information that is periodically updated, is quick and easy to complete by front-end staff. It contains a full review of available information on the web, incorporating a range of ESG indicators that analyze intrinsic and company-specific risks – meeting the needs of Intesa Sanpaolo.
Head of ESG & Reputational Risks, Intesa Sanpaolo