NO.PZ2022120701000085
问题如下：
What is the first step in the effective design of a client ESG investment mandate?选项：
A.Tailor ESG investment approach to client expectations.
B.Develop client-relevant ESG-aware investment mandates.
C.Clarify client needs and set them out in a clear statement of ESG investment beliefs.
解释：
The first step in the effective design of a mandate is that clients should be clear about their needs and set them out in a clear statement of ESG investment beliefs Doing so will require them to define their investment goals and beliefs, which will help them define how they plan to create value and how they will orient their investment approach The investment beliefs—which might be expressed in a statement of investment principles—ought to guide the overall approach toward ESG investment (and investment more generally) and will help frame any mandate agreed with an investment managerAB也是其中的一个步骤，只是不是第一步，对吧
