Climate Change Data

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