Sustainable Development - a long-term commitment

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 possible. Pictet's sustainable vision arises from its 200-year history as a family-owned business, which has grown by by fostering enduring relationships with our clients and employees and is firmly committed to upholding 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 possible 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) which are based on the philosophy of the UN Global Compact Initiative. Pictet is also a signatory to the Carbon Disclosure Project and promoted this important initiative in Switzerland for three consecutive years (2007-2009), in collaboration with Ethos, Swiss Foundation for Sustainable Development.

Initiatives and supportAs a well-resourced, financially secure business, Pictet acknowledges that it has a responsibility to contribute to the search for solution to the environmental and social issues facing mankind. Every year, Pictet supports sustainability initiatives at both international and local level.