The ever-increasing focus by the Regulators on the accountability of senior management, particularly when things go wrong, emphasises how important it is for individuals in senior positions to have a clear understanding of what is expected of them. This succinct course is designed to assist Senior Managers to have a full understanding of what they need to do to achieve compliance with the rules under the obligations created by the Senior Managers and Certification Regime (SMCR).
Behind the increased demand for environmental, social, and governance (ESG) investing is a heightened regulatory focus and a greater need for transparency and standardization. The ESG landscape is evolving at a rapid pace and requires additional resources to meet investor and regulatory expectations.
Our dedicated advisory practice helps firms of all sizes develop and monitor ESG programs to mitigate risk, make informed choices, grow profitably and sustainably, and combat greenwashing in the process.
We provide global compliance and sustainability expertise to review and develop ESG programs based on best practices, current regulatory requirements, and robust oversight processes. Our support covers the following areas:
- Policies & Procedures Development
- Carbon Footprinting
- Net-Zero Management
- DEI Baselining and Training
- Portfolio Performance Assessment
- Reporting (UN PRI, TCFD, SFDR)
- Marketing and Disclosures Review
- Portfolio ESG Risk Monitoring – Private and Public Investors
- Annual Portfolio Carbon Footprinting
- Annual Portfolio Climate Risk Analysis
- Portfolio Testing
- Disclosure Verification
- Principles for Responsible Investment (UN PRI) – Report Readiness and Assurance
- Annual ESG Compliance Review
What is ESG?
Environmental, social, and governance (ESG) is a lens that can be applied to any form of investing to consider non-financial factors that are not traditionally reported to assess an investment’s overall worthiness.
In recent years, firms increasingly add ESG metrics to their investment processes to provide for more complete analyses and support better investment decision-making. Discussion of ESG activities is also being added to annual reports and, in some cases, being built into standalone ESG reports.
Covers themes that impact the Earth, both positively and negatively. Includes climate change, natural resources scarcity, pollution and waste, permitting, and environmental opportunities.
Encompasses items relating to the firm’s leadership and board as well as the firm's implementation of ESG policies. Includes board composition, diversity of the board, ethical business practices, lobbying, political contributions, account and tax transparency, and relationships with the SEC and other regulatory bodies.
ESG by the numbers
According to the Morningstar Global Sustainable Fund Flows Report as of October 2020:
Global inflows into sustainable funds were up
in the third quarter of 2020 to USD 80.5 billion
Assets in sustainable funds climbed 19% to
The number of global sustainable funds launched in 3Q 2020 was
breaking the record of 159 launches in Q4 2018
Why work with us?
- Unmatched Expertise: Benefit from a trusted and experienced partner with in-depth knowledge of the market and regulations
- Comprehensive ESG Solution: Support across the spectrum of ESG program maturity in one comprehensive offering
- Stay Ahead of the Shifting Landscape: Balance demands from investors, regulators, and stakeholders while keeping up with constant changes in the ESG space
- Fee Transparency: Predictable fee model helps avoid scope creep – more fee transparency where others may have a daisy-chain of SOWs
Environmental Justice – The Investment Risk You May Be Missing
President Biden has made environmental justice a focal point of his administration. Some of his first actions as president were to reorganize environmental justice councils within the federal government and charge them with ensuring all federal agencies adopt the all-of-government approach outlined in his executive order “to secure environmental justice and equitable economic opportunity.” More recently, his COVID-19 stimulus plan and proposed infrastructure plan include unprecedented investments to address historical racial inequities.
Join us as experts from our ESG advisory team explain what environmental justice is, why it warrants such a sweeping approach, how businesses can (or should) be involved, and why investors should care about it.
May 11, 2021
Regulatory change, COVID-19 fallout, and a rapidly mutating ecosystem of risks make this a challenging year for financial services firms. In our complimentary whitepaper, we examine the future of risk and compliance and how firms must respond to rapidly evolving circumstances.
- Trade & Transaction
- Managed Services
- Regulatory Deadlines
- Regulatory Technology
- GIPS Standards
April 14, 2021
On Friday, April 8, 2021, the SEC’s Division of Examinations issued a Risk Alert for ESG Investing, putting an exclamation point on ESG being a top priority for the Commission.
March 17, 2021
A recent flurry of activity from the SEC has made it crystal clear that ESG will be a top priority in the near and long term.
March 11, 2021
Our ESG advisory team answered a few of the most common questions that firms asked during the recent webcast Implementing the Updated PRI Framework.
February 15, 2021
A summary of key tasks for compliance teams with a European presence, along with a summary of FCA’s priorities during 2021, our analysis of key regulatory developments and an outline of longer-term trends.
- Regulatory Technology
February 12, 2021
Following the launch of ACA’s ESG advisory practice, our webcast ESG and the Year Ahead recently discussed ESG trends and how to better address sustainability and responsible investing issues in the year ahead. Summarized below are four themes to consider throughout this year as you build out and enhance your ESG program.
Our leadership team
Dan is a Partner and senior practitioner heading the ESG advisory practice.
Crista is a Partner overseeing the ESG advisory practice and brings over 15 years of experience in investment performance consulting.
Alyssa is a Managing Director of Client Development leading growth and client engagement for ACA’s ESG advisory practice.
Jessica is a Director and the technical lead on all environmental work undertaken by the ESG team.
Peyun Kok is a Director and the technical lead on all social work undertaken by the ESG team.
Dani is a Principal Consultant and the technical lead on all governance work undertaken by the ESG team.
With less than six months to go until UK investment firms are subjected to a completely new prudential regime, a recent survey reveals that the industry is vastly underprepared. The data shows that just 4% of respondents are ready and capitalised for the FCA’s new Investment Firm Prudential Regime (IFPR) coming into effect in January 2022. Learn more about what this means for firms.
Waters Rankings 2021 Name ACA Group's ComplianceAlpha® Best Anti-Money Laundering Compliance Solution Provider
Our ComplianceAlpha® platform has been named Best Anti-Money Laundering Compliance Solution Provider in the Waters Rankings 2021.
ACA's Regulatory Reporting Monitoring & Assurance (ARRMA) service winner of the 2021 HFM European Technology Awards
Within a year of launching, ACA Group is delighted to announce that our ACA Regulatory Reporting Monitoring & Assurance (ARRMA) service has been selected as Best Regulatory Reporting Solution in the 2021 HFM European Technology Awards.
Senior management in Financial Services firms have a responsibility to ensure their employees have sufficient knowledge and understanding of the Regulatory environment they are working in. This knowledge helps in emphasising the need for compliance with policies and procedures in order to protect the firm and the individual from failing to “do the right thing”.
This course is specifically designed to assist Senior Management in meeting their statutory and regulatory obligations.