Mirabaud & Cie (Europe) SA
Climate Impact & Sustainability Data (2021, 2023, 2024-07-01)
Reporting Period: 2021
Environmental Metrics
Total Energy Consumption:3’969’276 kWh (trend: )
Water Consumption:7’081 M3 (trend: )
ESG Focus Areas
- Economic Responsibility
- Social Responsibility
- Environmental Responsibility
- Societal Responsibility
Environmental Achievements
- Formalized an ambitious carbon management target with a corresponding action plan.
- Improved thermal insulation & LED lights in Geneva headquarter building.
- Planned installation of solar panels on Geneva flagship building roof in 2022.
- Switched to biodegradable disposable food packaging in headquarter canteen.
- Favored use and recycling of eco-friendly printing paper.
Social Achievements
- Launched Group Homeworking Policy.
- Provided dedicated support to cope with the context of the pandemic.
- Launched additional initiatives encouraging diversity, inclusion and equal treatment.
- Rolled out paid Paternity Leave entitlement of a minimum of 10 days to all Mirabaud offices.
- Developed partnerships with language institutes to offer individual tuition.
- Offered live online training courses to reinforce employees’ understanding of banking operations in Switzerland.
- Launched a group leadership program to enhance the capabilities of Managers across the Group.
Governance Achievements
- Maintained and developed the highest quality of services offered to clients as reflected by the PRI.
- Increased the stringency of exclusions for thermal coal mining, controversial weapons and tobacco production.
- Launched a Climate Bond Fund.
- Finalized Groupwide Responsible procurement policy.
Climate Goals & Targets
Long-term Goals:
- Meet carbon neutrality in line with our CO2 action plan.
Environmental Challenges
- Managing Scope 3 emissions (indirect emissions across the value chain) from energy-intensive issuers.
- Balancing expectations to manage fossil fuels with energy security and the economic feasibility of available sustainable technologies.
- Improving climate-related disclosures from issuers (breakdown of Scope 1, 2 and 3 emissions).
Mitigation Strategies
- Engaging with companies in energy-intensive industries to encourage and assist them to reduce their carbon footprints and improve climate accountability.
- Developing clear milestones, reviewing expectations and evaluating progress made against key goals and outcomes.
- Nurturing dialogue with corporate stakeholders to find common ground and value-enhancing results.
Supply Chain Management
Responsible Procurement
- Groupwide Responsible procurement policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
UN Sustainable Development Goals
- 8
- 12
- 3
- 5
- 13
- 15
- 11
The 7 UN SDGs that Mirabaud has decided to embrace through its various actions: decent work and economic growth; responsible consumption and production; good health and well-being; gender equality; climate action; life on land; sustainable cities and communities.
Sustainable Products & Innovation
- Climate Bond Fund
Awards & Recognition
- Best Employers in Switzerland 2021
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Economic Responsibility
- Social Responsibility
- Environmental Responsibility
- Societal Responsibility
Environmental Achievements
- Obtained building permit for solar panel installation on the rooftop of Geneva headquarters (to be completed by 2025)
- Group business travel policy favoring train over plane
- Annual public transport subsidy to employees
- Use of eco-friendly printing paper
- Recycling bins for waste management
- Contribution to the reduction of CO2 emissions with Agri-tech projects capitalizing on soil carbon capture
Social Achievements
- Publication of the Group’s Diversity and Inclusion policy
- Publication of Human rights statement
- Flexible working policy
- Group Leadership Development Programme
- City Hive Cross Company Mentoring scheme focusing on the promotion and progression of women and ethnic minorities
Governance Achievements
- Top notch PRI scores for overarching approach to ESG
- Increased stringency for investment exclusions for companies operating in the Tobacco and Thermal coal industries
- Extension of responsible investing policy beyond controversial weapons to include a strict stance against investing in sovereign bonds issued by countries that have committed severe human rights violations
Climate Goals & Targets
Environmental Challenges
- Reducing carbon emissions
- Managing the environmental impact of business travel and employee commuting
Mitigation Strategies
- Improved remote communication tools to reduce non-essential business travel
- Encouraging employees to favor alternatives to flying
- Subsidies for public transportation
- Solar panel installation on Geneva headquarters
- Increasing energy efficiency of buildings
- Favoring green energy
- Partnership with agri-tech company for soil carbon capture
Supply Chain Management
Responsible Procurement
- Group-wide Responsible procurement policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN PRI, SFDR
UN Sustainable Development Goals
- Good health and well-being
- Gender equality
- Decent work and economic growth
- Sustainable cities and communities
- Responsible consumption and production
- Climate action
- Life on land
- Peace, justice and strong institutions
Mirabaud's CSR actions are aligned with these SDGs.
Sustainable Products & Innovation
- Impact funds (Art.9 SFDR) in Agri-Tech and Real Estate
- SFDR art.8 mandate: “ESG leaders”
Reporting Period: 2024-07-01
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UN Global Compact, OECD Guidelines for Multinational Enterprises, EU Taxonomy