Sustainability report 2024 Responsibility and engagement

LGT has consistently expanded its sustainability reporting since we began reporting on the issue in 2012. Regulators have established new standards to harmonise reporting of sustainability topics.  

Since 2023, LGT has been reporting in accordance with the European Sustainability Reporting Standards as per the Corporate Sustainability Reporting Directive. This reflects our commitment to responsibility and engagement towards our clients, employees, owners and other stakeholders.

At LGT, we feel it is our responsibility to help tackle the climate crisis, biodiversity loss and other major, pressing challenges the world faces today. Our goals and our progress towards them are laid out in our Sustainability Strategy 2030. The strategy’s three pillars are Clients & Investments, Business & Operations and People & Society.  

We view climate change as an especially urgent challenge. That is why we have defined our LGT Climate Ambition 2030.

 

The goals of LGT Climate Ambition 2030 include the following: 

Operations

• Reduction of absolute emissions from own operations (Scope 1 and 2, e.g. heating and electricity) by 90 % compared to 2019
• Reduction of emissions from business flights by 50 % per FTE compared to 2019
• 100 % renewable electricity and heating energy or district heating
• 30 % reduction in energy consumption per FTE
• 50 % reduction in paper consumption per FTE
• Use of high-quality emission certificates (known as carbon credits) for part of the residual emissions from our own operations and facilities

Own facilities

Reduction in emission intensity from our own facilities (Scope 3.15) by 45 % compared to 2022 (measured in units of tonnes of greenhouse gas emissions per million US dollars invested).
 

Customer assets

Supporting customers in decarbonising their asset portfolios through investment strategies, investments in climate solutions and stewardship.