Climate Change Data

Environmental Metrics

ESG Focus Areas

• Responsible Investing
• Good Corporate Governance
• Business Ethics and Integrity
• Data Privacy & IT Security and Protection
• Employee Engagement
• Employee Development
• Diversity and Inclusion
• Community Engagement
• Responsible Sourcing
• GHG Emissions
• Customer Orientation and Satisfaction
• Trust and Transparency

Environmental Achievements

• Zurich office located in a Minergie-standard building, reducing energy consumption.
• 100% renewable energy used in Zurich headquarters and data centers (2020: 95%).
• Participation in the ‘bike to work’ campaign, with employees cycling 7,921 kilometers.

Social Achievements

• Launched a power hour series, "Ask the Experts", focusing on employee expertise.
• Offered various professional development opportunities, including leadership training and roundtables.
• Implemented a flexible work setup, allowing employees to work from home up to two days a week.
• 14 weeks of fully paid maternity leave (Switzerland).
• Two weeks of paid paternity leave (Switzerland).
• Paris employees participated in a Benenova solidarity week, engaging in community activities.
• Donated CHF 20,000 to Girls Who Code.
• Participated in Save the Children Christmas Jumper Day, raising GBP 2,090.

Governance Achievements

• Improved corporate governance framework, strengthening Board of Directors independence and diversity.
• Increased female representation on the Board of Directors from 0% to 25%.
• Established a new publicly available Leonteq Code of Conduct & Ethics.
• Implemented annual compliance training for all employees.
• Established a comprehensive client complaint process.

Climate Goals & Targets

Environmental Challenges

• Limited ESG rating data available for 65% of Leonteq's bond investment portfolio.
• Challenges in increasing gender diversity in IT and front office staff.
• Relatively low impact of Leonteq's business activities on local communities.

Mitigation Strategies

• Seeking to expand data sources to obtain a more comprehensive overview of bond investments.
• Working to improve diversity ratios through initiatives like attending university job fairs and promoting part-time/flexible working.
• Planning to develop a structured community engagement framework.

Supply Chain Management

Responsible Procurement

• Endeavoring to work with suppliers who maintain sustainable practices.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISAE 3402 (internal control system)

Sustainable Products & Innovation

• BeneFaktorZertifikate® (donation certificates)
• Tracker certificates on ESG indices (Morningstar Developed Europe Renewable Energy 30 Index, MSCI Europe ESG Leaders index, etc.)

Awards & Recognition

• Best ESG Product at the 2021 Swiss Derivative Awards

Environmental Metrics

ESG Focus Areas

• Responsible Investing
• Environment
• Social
• Governance
• Corporate Sustainability Reporting

Environmental Achievements

• 100% renewable energy used to power headquarters and data centers in Switzerland and office in Portugal
• Expanded GHG emissions reporting framework to include three largest office locations
• Reduced energy consumption in Zurich by 10% due to energy-saving measures

Social Achievements

• Launched global employee engagement survey in cooperation with Great Place to Work (68% Trust Index score)
• Became a member of Advance, a Swiss business association promoting gender equality
• Published Code of Conduct & Ethics
• Established global escalation and whistleblowing policy and Leonteq Integrity Line

Governance Achievements

• Established Sustainability Committee at Executive Committee level
• Published Supplier Code of Conduct
• Improved ESG ratings from several agencies (ISS, MSCI, Refinitiv, Sustainalytics)

Climate Goals & Targets

Environmental Challenges

• Increased market volatility impacting client activity
• Allegations concerning Leonteq-issued products distributed by third parties
• Need to broaden offering in thematic investments and increase ESG transparency for clients

Mitigation Strategies

• Disciplined risk management
• Official statement refuting allegations and stakeholder engagement
• Development of responsible investing framework to address client requests for greater ESG transparency

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards 2021, Greenhouse Gas Protocol

Certifications: Great Place to Work® Switzerland & Portugal

Third-party Assurance: Deloitte

UN Sustainable Development Goals

• 1, 3, 4, 5, 7, 8, 10, 12, 13, 14, 15, 16, 17

Efforts relating to material topics linked with relevant SDGs (details in GRI Content Index)

Sustainable Products & Innovation

• Sustainability-themed products and tracker certificates (approx. 10% of AMC offering)

Awards & Recognition

• 2021 Swiss Derivative Awards for 'Best ESG Product'