Responsibility
Doing well by doing good
Our responsibility
As a member of the United Nations (UN), Switzerland has undertaken to implement the UN’s 17 Sustainable Development Goals by 2030. With the ratification of the Paris Agreement (Paris Climate Accords) in 2017, Switzerland also signed up to achieving the climate goals contained in the Agreement. These include a reduction in the greenhouse gas emissions by 50 percent by 2030 as well as the objective of net zero emissions by 2050. The financial sector and, in particular, investment from the private sector play a central role in achieving these national and global climate goals.
At Patrimonium, we are acutely aware that as asset managers we have the opportunity of making a major contribution by monitoring sustainability aspects in the financial sector. Moreover, we believe that tailoring our services to meet these new requirements will guarantee Switzerland’s competitiveness as a leading location for sustainable financial investments.
Responsible investments as the basis for our success
We know that, as asset managers, we play a vital role in driving forward positive changes and that we can and must contribute to creating a more sustainable economy, society and environment. At the same time, the integration of environmental, social, and corporate governance [ESG] issues is a growing requirement for our investors and stakeholders, who are increasingly conscious of the topic of sustainability.
The awareness of responsible investment is reflected in our ESG & Sustainability concept, on the basis of which we
- identify the ecological, social and governance (ESG) topics that are relevant to us;
- determine internal responsibilities and rules that enable us to guide our actions according to the topics identified;
- guarantee that ESG topics are integrated into our daily activities, in particular our investment activities;
- are able to proactively drive forward or influence new initiatives wherever possible.
As an investor, we are active in four asset classes with different strategies. The type of investment (eg. active vs. passive) influences our impact on ESG-relevant topics. The degree of control held in the financed companies and projects in particular plays a decisive role.
Our influence on ESG criteria by asset class
The amount of influence exerted by Patrimonium with regard to ESG criteria in the different asset classes can be illustrated as follows:
