From the climate strategy to the innovative disposal of devices
Environmental and climate protection are closely interconnected: many measures that lead to lower CO2 emissions also reduce other environmental effects, such as resource consumption and air pollution. Vontobel thus attaches great importance to this issue across all its business activities.
We support the Paris Agreement
As a globally active investment manager, we consider it our responsibility to make our contribution to the objectives of the Paris Climate Agreement and to play an active role in the sustainable transformation of the economy and society for future generations. We are actively tackling the challenges that lie ahead of us in order to show investors the opportunities of the important transformation process. Equally, we observe the highest environmental and sustainability standards when conducting our own operations.
We place particular emphasis on careful use of materials, on energy efficiency at all sites, and on the reduction of greenhouse gas emissions from all operational processes.
We see climate change as one of the greatest challenges facing our society. We therefore make our products and processes as climate friendly as possible. We also continuously reduce the harmful emissions generated by our banking operations and raise awareness of the topic among our employees and the general public.
Vontobel’s operations (Scope 1, 2 and 3) have been climate-neutral since January 1, 2009. We earned the emissions credits for 2020 from the Vichada Climate Reforestation project in Colombia. The project combines reforestation for sustainable timber production with biodiversity protection and ecosystem restoration. The resulting forests offer habitat for native plants and animals, enrich the soil, save and filter water, and help mitigate the greenhouse effect.
CDP (formerly Carbon Disclosure Project) provides companies with a ratings system for measurement and publication of their environmental impact. Each year, CDP generates the CDP Climate Score from the questionnaires completed by the participating companies. Vontobel has signed the CDP and its climate change, water and forest programs.
Our buildings are optimally insulated, and we also use LED lighting and obtain electricity from renewable sources. Furthermore, we avoid unnecessary business trips and are committed to systematically separating and – where possible – recycling our operational waste.
Vontobel uses only recycled paper for printing. It takes about 1.5 times less energy and 2.5 times less water to produce recycled paper than it does to produce paper from fresh fiber. Recycled paper also cuts greenhouse gas emissions by more than 20%. We offset the remaining emissions with various CO2 projects around the world.
High environmental and social standards are very important to Vontobel we expect the same of our business partners. Further details are set out in “Vontobel’s Sustainable Purchasing Policy.” They form part of Vontobel’s General Terms and Conditions of Purchase.