Lombard Odier Group awarded B Corp certification in recognition of its corporate sustainability leadership

media releases

Lombard Odier Group awarded B Corp certification in recognition of its corporate sustainability leadership

Lombard Odier Group has received a B Corp certification from leading global sustainability non-profit B Lab, in recognition of its corporate sustainability practices.

The B Corp certification is one of the world’s most advanced ratings for corporate sustainability. Becoming a ‘B Corp’ involves a rigorous assessment of a company’s environmental and social performance and governance. It measures how companies manage its people, environmental footprint, products, suppliers and the communities with whom they interact.

Becoming a ‘B Corp’ involves a rigorous assessment of a company’s environmental and social performance and governance

Lombard Odier has a long heritage in corporate sustainability and supporting social and humanitarian causes, being one of the first private companies in Switzerland to establish an employee pension fund in 1910. The Group has also developed an ambitious environmental footprint plan. This year, Lombard Odier will launch several new initiatives, as the business strives to continually improve on its sustainability efforts. Looking further ahead, Lombard Odier’s new headquarters, at Bellevue on Lake Geneva, which is expected to complete during 2022, will also meet very high standards of environmental sustainability, with the quality of working conditions an integral part of the ecosystem.

The Group has also developed an ambitious environmental footprint plan. This year, Lombard Odier will launch several new initiatives, as the business strives to continually improve on its sustainability efforts

“B-Corp recognition further demonstrates sustainability is at the very heart of our investment philosophy and our corporate values. For seven generations we have been constantly rethinking and innovating to secure the best future for the company, our clients and the next generation,” said Patrick Odier, Senior Managing Partner, Lombard Odier.

Andrew Kassoy, B Lab co-founder, commented: “B Lab is delighted to certify Lombard Odier as a B Corp. Lombard Odier has been a pioneer in bringing impact to wealth and asset management.  We hope that their leadership will inspire many other financial services businesses to join the B Corp community and act together to use the capital markets for good.”

 

Important information

This media release has been prepared by Bank Lombard Odier & Co Ltd, a bank and securities dealer authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA) (hereinafter "Lombard Odier"). It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a document. This media release is provided for information purposes only. It does not constitute an offer or a recommendation to enter into a relationship with Lombard Odier, nor to subscribe to, purchase, sell or hold any security or financial instrument.
This document may not be reproduced (in whole or in part), transmitted, modified, or used for any public or commercial purpose without the prior written permission of Lombard Odier.
© Bank Lombard Odier & Co Ltd – All rights reserved