Climate Change Data

Indosuez Wealth Management

Climate Impact & Sustainability Data (2019, 2023)

Reporting Period: 2019

Environmental Metrics

ESG Focus Areas

  • Client relations
  • Employee development and well-being
  • Societal commitment (including green finance, inclusive finance, and environmental protection)

Environmental Achievements

  • Launched carbon offsetting campaigns
  • Reduced paper consumption through various initiatives (double-sided printing, paperless orders, etc.)
  • Phased out single-use plastic items in some locations
  • Improved waste sorting and recycling
  • Reduced power consumption through lighting upgrades and other measures
  • Signed the National Pact for the Energy Transition in Monaco

Social Achievements

  • Implemented an equal opportunity charter and gender equality action plan
  • Launched employee well-being initiatives (yoga, health month, etc.)
  • Supported employee development and employability through training programs and mobility opportunities
  • Promoted employee participation and dialogue through various channels
  • Engaged in solidarity actions and philanthropy (Solidarity Leave, support for various associations)
  • Implemented a mentoring program for new employees

Governance Achievements

  • Developed and implemented a code of conduct
  • Established a mapping of internal and external corruption risks
  • Enhanced compliance communication and training programs
  • Implemented a committed tax compliance policy

Climate Goals & Targets

Medium-term Goals:
  • Integrate ESG criteria into a larger share of investment and financing decisions
  • Expand the range of ESG mandates and funds
Short-term Goals:
  • Raise client and employee awareness of CSR and green finance
  • Develop a comprehensive green finance offering
  • Implement further measures to reduce environmental footprint

Environmental Challenges

  • Meeting increasingly demanding compliance standards
  • Raising client and employee awareness of ESG issues
  • Integrating ESG criteria into investment and financing decisions
  • Reducing environmental footprint across all operations
Mitigation Strategies
  • Developed and implemented a centralized CSR organization
  • Launched various training programs on compliance, ethics, and ESG
  • Developed and launched green finance initiatives (ESG mandates, funds, etc.)
  • Implemented various measures to reduce environmental impact (paper reduction, waste management, energy efficiency, etc.)

Supply Chain Management

Responsible Procurement
  • Energy performance criteria are analyzed when choosing equipment

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Indosuez Objectif Terre fund

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:8978 tCO2e (France, 2022)

ESG Focus Areas

  • Climate Change
  • Social Inclusion
  • Sustainable Finance
  • Employee Well-being
  • Corporate Philanthropy

Environmental Achievements

  • 50% reduction in Indosuez Group electricity consumption between 2019 and 2023.
  • 19% reduction in air travel between 2019 and 2023.
  • 74% of funds managed in the European Union are covered by Art. 8 or Art. 9 SFDR.

Social Achievements

  • 88% employee participation in yearly engagement survey, with 77% positive response rate.
  • 28 days of paternity leave in all regions.
  • Indosuez in Spain certified as Great Place to Work.
  • 290 youth contracts.
  • 40% women in management bodies by 31.12.2023.
  • 23 training hours per year for each employee.
  • Almost 2M€ invested in 74 philanthropic projects.

Governance Achievements

  • Creation of a Societal Project Department in 2020.
  • CSR is an integral part of the governance of the Group’s various entities.

Climate Goals & Targets

Environmental Challenges

  • Reducing greenhouse gas emissions from investments and operations.
  • Managing the environmental impact of financing portfolio.
Mitigation Strategies
  • Shifting investment offerings towards more environmentally friendly options.
  • Implementing a divestment policy on coal-related activities.
  • Incorporating environmental criteria when granting loans.
  • Reducing digital footprint, energy consumption of buildings, and staff travel.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

  • 11 of the 17 UN SDGs