Information on ESG
investments. The responsibility for investment decisions depends on the nature of the insurance product: - For traditional not-for-profit savings and insurance activities, asset management is generally outsourced to external asset managers. These asset managers must comply with the MAB's Investment Policy, including ESG limits. - For certain unit-linked policies, and portfolio bonds in particular, investment decisions may be made by the policyholder on the basis of advice provided to the policyholder