Results of South Pole Group's event on Swiss finance sector and climate change now available
Three Swiss banks are among the ten largest wealth managers with around 10 % of global securitised assets under Swiss management.
"Swiss financial service providers are strong in reducing their own carbon footprint as many of them have climate neutral operations," said Sabine Döbeli, CEO at Swiss Sustainable Finance. "Yet, Swiss banks and investors are not so strong in integrating climate risks into core business."
Maxmilian Horster, Director Financial Insdustry at South Pole Group added: "Climate change poses multiple risks: physical risk by impacts of climate change, reputational and competitive risk, regulatory risk, litigation risk. Integrating measures which address them make financial sense. Yet, it's a journey and South Pole Group helps companies, among others, analyse and understand carbon and its relevance to core business."
The event presentations are available for download at the bottom of this page or here. They include contributions by Hendrik-Jan Boer, Head of Sustainable Investments & Senior Portfolio Manager, Sustainable Equity, NN Investment Partners Switzerland Ltd. on environmental influences within their sustainable investments and Lasse Wallquist, Internal Environmental Mgmt at SwissRe on their engagement within the RE100 and their climate neutral operations.