NO.PZ2022120703000094
问题如下：
The first step in the effective design of an ESG investment mandate is for clients to:选项：
A.clarify their needs and state their investment beliefs.
B.identify material ESG factors in their investment approach.
C.issue a request for proposals (RFP) to evaluate potential fund managers.
解释：
A is correct because "the first step in the effective design of a mandate is that the client should be clear about their needs and set them out in a clear statement of ESG investment beliefs."
B is incorrect because identifying material ESG factors is at a later stage. "As the PLSA indicates…how they client consider financially material ESG factors within their investment approach, as well as the extent to which they undertake stewardship, including engagement and voting."
C is incorrect because RFP is issued at a later stage. "Ensuring that the mandate is fully operational is typically done through a detailed request for proposals (RFP) process."
和A选项有很大相似性，错在哪里呢？
