Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Document signing

31362

Bank J Safra Sarasin commits to the UNEP FI’s new Principles of Responsible Banking

RELATED TOPICS​

Bank J Safra Sarasin has become a founding signatory of the United Nations’ Principles of Responsible Banking (PRB) supporting the UN-led banking partnership aimed at achieving a sustainable future.

The bank has committed to adhere to the PRB’s six principles and to demonstrate progress towards the UN’s Sustainable Development Goals and the Paris Accord.
 
The PRB requires signatories to be transparent about the impact of their products and services on society, the economy and the environment. Working with partners and clients to encourage sustainable practices to create shared prosperity for current and future generations is also essential.
As a pioneer and thought leader in the field of sustainable investments, this represents another step in the Bank’s 30-year history of integrating sustainability into every step of the investment process. The Bank was also a founding signatory of the UN’s Principles for Responsible Investment (PRI) in 2006.
 
Edmond Michaan, CEO of Bank J Safra Sarasin, says: “Signing the UNEP FI’s Principles for Responsible Banking is another clear commitment by Bank J Safra Sarasin to sustainability. For us, sustainability is an integral part of our core values and aligning ourselves with the Principles makes strategic business sense. A lasting sustainable return can only be realised if the livelihood of future generations is preserved.”
 
Jan Amrit Poser, Chief Strategist and Head of Sustainability, says: “We welcome the Principles for introducing a framework that guides the banking industry in integrating environmental and societal challenges and impacts into business strategy. We believe that the Bank’s early commitment to the Principles will further position us as a responsible, long- term oriented Bank and provide for more impactful action for the industry in the future.”

Latest News

The trading and investment platform eToro has extended its proxy voting feature to all stocks..
C8 Technologies, the London-based fintech founded by former BlueCrest Capital Management partners Mattias Eriksson and..
DWS has announced the latest development in its strategic growth push in Alternative Credit with..

Related Articles

Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Pension funds
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are coming together to instigate a new industry coalition...
Four potential operators of pensions dashboards (Just Group, Legal & General, Moneyhub and Standard Life, part of Phoenix Group) are..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by