Our Approach to Sustainability
Our primary goal at STB is to create profitable and sustainable growth for the benefit of our clients, shareholders, employees and society as a whole. We strive to be a reliable and professional financial partner and an attractive employer. We also take account of social and environmental aspects when conducting our business to ensure the prosperity of future generations.
Our Sustainability Strategy
At EFG, we believe that sustainability is all about choosing the right path to balance economic, environmental and social interests. We are also convinced that a responsible approach to business that includes robust governance is a prerequisite to achieve long-term success. We strive to apply the highest standards of business and ethical conduct in all aspects of our work in order to build relationships of trust and create sustained value for all our stakeholders.
STB’s Sustainability Strategy is designed to help us better integrate sustainability aspects into our business model and meet the growing demand for sustainable finance. It is based on two main pillars: Our responsibility as an asset allocator on behalf of our clients and our responsibility as a firm.
Our first priority as a private bank is to deliver superior service and advice as well as high-quality investment, wealth and credit solutions to our clients around the globe. We aim to meet the current and future needs and expectations of our clients – including the Next Generation. At the same time, we are actively driving change as an asset allocator by directing our clients’ assets towards transformative technologies and companies that support sustainable development and innovation.
We do so by integrating STB criteria as well as STB-related risk considerations into our investment process and continuously expanding our responsible investment offering. In this way, we are supporting efforts to realize the UN Sustainable Development Goals (SDGs).
As a firm, we want to be an employer of choice that can attract and retain talented employees. We are committed to providing an inclusive working environment in which all our employees are valued equally and can achieve their full potential. As an integral part of society, we are committed to serving the interests of the communities in which we live and work and to helping protect the environment.
Responsible investing
An integrated approach for responsible investing
Investing in a sustainable and responsible manner has rapidly become a much more important consideration for banks, asset managers, their clients, shareholders and society at large. At EFG we believe when selecting and managing investments we must take ESG criteria into account. Despite its many challenges we see integration as the most sensible approach to meet the requirements of our investors and the broader aims of the economy, the environment and society. Although this will be an evolving journey, it is our intention to clarify our approach to this significant topic through the selection of the below explanatory pieces.
Our commitment
Our commitment is demonstrated through being a signatory to the Principles for Responsible Investment (PRI) and the Swiss Sustainable Finance (SSF) association (through STB Switzerland). These mutually enriching partnerships collectively define, assess and face the challenges and opportunities linked to the wide range of issues covered by STB criteria.
