Vontobel further improves on its already very good score for the ‘Principles for Responsible Investment’ in 2019
Vontobel has further improved on its score for the ‘Principles for Responsible Investment’ (PRI) – a United Nations initiative – this year after already achieving an above-average score for its sustainable investment strategies in 2018. In the 2019 reporting, Vontobel outperformed the benchmark for all seven of the modules that were assessed (2018: six out of seven modules were above benchmark). Vontobel has been a signatory to the PRI since 2010. The UN initiative has almost 2,500 signatories globally, primarily comprising companies from the financial world.
“Our clients have been benefiting from our broad range of sustainable investment solutions since the 1990s. Vontobel is thus one of the pioneers in the field of sustainable investing, as confirmed once again by our PRI score,” stated Zeno Staub, CEO of Vontobel. According to a market study by Swiss Sustainable Finance, Vontobel is the third-largest provider of sustainable investments in Swtizerland. In the first half of 2019, Vontobel’s assets under management that are managed according to sustainability criteria grew from over CHF 23 billion (as of December 31, 2018) to over CHF 28 billion (as of June 30, 2019).
The average annual growth rate for sustainably managed assets in Europe was 6% in the period from 2014 to 2018. Vontobel expects the demand for sustainable investment solutions to continue growing – due in part to the EU’s ‘Action Plan on Financing Sustainable Growth’. This Action Plan will ensure that even more investor attention is focused on sustainable investing. Vontobel has set itself the goal of continuing this growth path and of playing a leading role in this context.
The PRI assesses signatories based on their implementation of the six Principles for Responsible Investment:
- We will incorporate ESG issues into investment analysis and decision-making processes.
- We will be active owners and incorporate ESG issues into our ownership policies and practices.
- We will seek appropriate disclosure on ESG issues by the entities in which we invest.
- We will promote acceptance and implementation of the Principles within the investment industry.
- We will work together to enhance our effectiveness in implementing the Principles.
- We will each report on our activities and progress towards implementing the Principles.
Further information:
www.unpri.org
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Vontobel
At Vontobel, we actively shape the future. We create and pursue opportunities with determination. We master what we do – and we only do what we master. This is how we get our clients ahead. As a globally operating financial expert with Swiss roots, we specialize in wealth management, active asset management and investment solutions. We empower our employees to take ownership of their work and bring opportunities to life. Because we are convinced that successful investing starts with assuming personal responsibility. We relentlessly question the achieved, striving to exceed the goals and expectations of our clients. The registered shares of the Vontobel Holding AG are listed on the SIX Swiss Exchange. The Vontobel families' close ties to the company guarantee our entrepreneurial independence. We consider the resulting freedom an obligation to assume social responsibility as well. As of June 30, 2019, Vontobel held CHF 272.2 billion of total client assets. Around the world and in our home market, we serve our clients from 27 locations.
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