In this context we seek sustainability not just in terms of our core business and financial success, but to build long-term partnerships with our stakeholders based on trust and mutual respect.
Sustainable development is embedded in Pictet's history
Pictet pledges to work towards this goal by offering our clients a wide choice of high-quality products in the field of sustainable investment, while managing its own business operations in the most sustainable manner practicable.
Pictet's sustainable vision arises from a 200-year history as a family-owned business, growing by developing enduring relationships with our clients and our employees, firmly grounded in the highest standards of business and personal behaviour. As long-term stewards of our clients'capital, we cannot afford to take short-term views or to ignore the eventual consequences of our actions, whether financial or personal.
Teaming up for sustainable development
In managing our business and setting our strategic objectives, we select partner organisations and business principles that match the sustainable objectives we have set for ourselves.
For example, Pictet was the first bank worldwide to join the Global Footprint Network, a nongovernmental organisation that has pioneered a metric of sustainable development called Ecological Footprint. Pictet Asset Management has signed the Principles for Responsible Investment (PRI) that are based on the philosophy of the UN Global Compact Initiative. And Pictet is a signatory to the Carbon Disclosure Project and promoted this important initiative in Switzerland during three consecutive years (2007-2009), in association with Ethos, the Swiss foundation with whom Pictet works closely in developing and managing SRI investment portfolios.
Initiatives and supportAs a well-resourced, financially secure business, Pictet recognises it has a responsibility to contribute to the solution of environmental and social issues. Every year, Pictet supports sustainability initiatives at both the international and the local level.
