Guiding funds towards an eco-friendly tomorrow
In the ever-evolving world of finance, EFG Asset Management is making a significant stride towards sustainable investing. The Swiss private banking powerhouse is deepening its ESG (Environmental, Social, and Governance) expertise across its teams, expanding its offering with thematic strategies such as clean energy, climate resilience, and gender equality.
This shift towards sustainability is viewed by Melanie Beyeler, Senior Portfolio Manager at EFG, as a long-term shift in capital management and deployment. As regulatory landscapes become more rigorous and clients, investors, and regulators demand greater transparency, stronger governance, and reliable data, EFG is responding proactively.
To integrate ESG factors into its investment process, EFG utilises its proprietary ESG measurement tool, GRIP (Global Responsible Investment Platform). The GRIP system brings together over 400 data points and insights from a range of established ESG research providers, helping to standardise how EFG evaluates ESG risks and opportunities across companies and sectors.
EFG's commitment to sustainability extends beyond investment strategy and is embedded within its corporate culture and employee engagement. Employees are provided with ESG-related trainings to analyse risks and opportunities, understand the evolving product offering, and stay updated on relevant regulatory developments. Moreover, they are given the opportunity to volunteer one day per annum to help raise awareness about ocean conservation, partnering with schools around the world.
In line with the Swiss private banking sector's progress, EFG is increasingly aligning with the voluntary Swiss Climate Scores, improving ESG disclosures, updating governance standards, and helping clients invest more sustainably.
EFG Asset Management aims to stand apart in the ESG investing landscape through a rigorous, integrated, and transparent approach. Sustainability, for EFG, is not just a box-ticking exercise but a strategic shift that will shape the future of wealth management. As Millennials and Gen X are expected to inherit around $22tn globally over the next decade and seek investment strategies and solutions that align with their values, EFG is well-positioned to cater to this growing demand.
References:
- EFGroup Sustainability Commitments
- Other Result 2
- Other Result 3
- Other Result 4
- Other Result 5
- Recognizing the growing importance of AI in finance, EFG Asset Management is investing in artificial intelligence to enhance its ESG analysis, offering more accurate and dynamic assessments of ESG risks and opportunities.
- In the realm of private banking, EFG is advocating for stronger regulation to address climate-change and environmental-science concerns, encouraging finance institutions to adopt sustainable practices and disclose their carbon footprints.
- As EFG's sustainable investing strategies continue to gain traction, the wealth management firm is diversifying its product offerings, venturing into home-and-garden projects that support sustainable living and contribute to reducing carbon emissions.
- Understanding the correlation between lifestyle choices and investing decisions, EFG is working closely with its clients to create personalized wealth management plans that align with their values and support companies committed to environmental and social responsibility.
- In the face of increasing regulatory scrutiny, EFG is ensuring compliance with diverse financial reporting and disclosure standards, fostering trust and reassuring clients that their investments are being managed responsibly and transparently.
- Expanding its expertise in sustainable finance, EFG is recruiting top talents from various disciplines, including finance, science, and technology, to further strengthen its ESG capabilities and drive innovation in the industry.
