Market view and Insights
LGT received the global award for the best philanthropy offering from WealthBriefing magazine at the Wealth for Good Awards. It was also designated Best Bank for Impact Investing in Switzerland and Liechtenstein and a thought leader in sustainability in the Asia-Pacific region.
This year, the internationally renowned financial magazine WealthBriefing for the first time recognized the world's best wealth managers in the areas of ESG (environmental, social, governance), impact, diversity and inclusion with its Wealth for Good Awards. LGT was able to impress the jury with its commitment and received awards in three categories. It received the global award in the Philanthropy Offering category for its high-caliber offering and advice in the area of philanthropy. It was also recognized in Switzerland and Liechtenstein for its impact investing offering, and was designated a "Thought Leader" in the Asia-Pacific region in the areas of sustainability and ESG.
The jury, consisting of private bankers and independent advisors, was particularly impressed by LGT's many years of experience, comprehensive advice and extensive network in the area of philanthropy, which is why it designated LGT as the best global provider in this segment. "LGT impressed us with its global network and local partnerships as well as its effective processes and high level of commitment - it truly deserves to win this award," says the WealthBriefing jury. Olivier de Perregaux, CEO LGT Private Banking, is delighted to have received this award: "Our owner, the Princely Family of Liechtenstein, has been involved in philanthropy for generations and is now able to pass on its experience to our clients. Our Philanthropy Advisory team supports them in optimally setting up their philanthropic commitment, doing good in the right way and making a positive contribution to the development of society and the environment."
WealthBriefing also presented LGT with the award for the bank with the best impact offering in Switzerland and Liechtenstein. Among other things, it received this award because of the exclusive access that it gives its clients to the offering of its sister company and impact investor, Lightrock. Thanks to its pioneering role and many years of experience in the area of sustainability, LGT in addition received the Thought Leadership Sustainability and ESG award for the Asia-Pacific region. "LGT's corporate culture and core values, which are strongly influenced by sustainable thinking and actions, are remarkable. The fact that LGT’s impact investing activities with Lightrock, an independent company, are given so much importance, is also very impressive," says the WealthBriefing jury.
"In order for us to address the challenges faced by society, investors must increasingly focus on sustainable and impact investing," says Olivier de Perregaux. "At LGT, we have in-depth expertise and a broad range of sustainable investment solutions that enable our clients to address environmental and social challenges while generating financial returns. We are therefore very honored to receive these awards, which confirm that we are on the right track. At the same time, however, we do not want to rest on our laurels. Instead, we want to systematically further develop our offering."
Media Release LGT receives multiple awards for philanthropy and impact investing offerings