Sustainability in Distribution by Banks

When providing investment advice and asset management, credit institutions are required to ask clients about their sustainability preferences and take these into account when recommending suitable financial instruments. Sustainability factors must also be taken into account when fulfilling product governance requirements for financial instruments.

Client information and marketing communications that refer to the sustainability of investments are not allowed to be misleading.

Credit institutions that are financial market participants under the Sustainable Finance Disclosure Regulation (SFDR) are required to observe product-related transparency obligations.

Sustainable finance is an integral component of responsible governance.