We do not have an official scenario analysis and modelling strategy. However, we do take into account ESG considerations that are integral to a specific asset class. We, for example, regularly research (based on third party sources) the role of commodities in food price inflation.
Additionally, we take into account ESG considerations in our sector allocations. Although, due to our special investment strategy, we cannot over- or underweigh certain sectors, we can exclude a sector in its entirety or decide not to invest in specific subparts of a sector. Recently we have investigated the oil and gas sector and changed the composition of our internally managed equity portfolio based on our conclusions.