Subscribe to our Insights newsletter

Our Insights provide informative, inspiring, surprising, and entertaining insights behind the scenes of finance and economics, as well as society or art. The monthly newsletter keeps you up to date.

 

Sustainability

A lesson in purpose Volunteering in Namibia

A volunteering program in Namibia offered a powerful experience of purpose-driven action through the chance to step out of the office and into communities where human potential is abundant, but opportunities are scarce.

  • from Nina Kreyer, LGT Private Banking and Thomas Weber, LGT Capital Partners
  • Date
  • Reading time 7 minutes

A student speaks during the Career Starter Week in Namibia - a B360 programme supported by LGT that helps unlock new opportunities for young talent. © B360

Purpose-driven engagement and creating long-term impact is embedded in LGT's thinking and actions. For many job applicants, the bank's dedication to sustainability, impact philanthropy, and supporting personal growth is a key reason for choosing LGT.

The opportunity to volunteer with B360 education partnerships in Namibia allowed us to translate these values into action. It was a way not only to give back, but to actively support individuals on their journey toward meaningful economic participation and self-empowerment. In other words: to walk the talk.

Skills-based coaching

Partnering with B360 and Bank Windhoek, we had the privilege of co-facilitating two Career Starter Weeks in September 2024. Namibia faces significant socioeconomic challenges, with youth unemployment estimated at over 40 %, and access to quality education and career opportunities varying greatly depending on region, background, and social circumstances.

The Career Starter Weeks are designed to help talented but unemployed graduates gain the tools and confidence they need to either find employment or start a small business despite the systemic barriers. Each week brought together around 25 graduates - selected for their potential and motivation - into a setting of learning, empowerment, self-discovery, and growth.

Thomas Weber, Managing Partner, LGT Capital Partners
Thomas Weber of LGT leads a session - part of the B360 programme that, with LGT's support, helps young people in Namibia forge new paths. © B360

Over the course of each week, we explored a wide range of topics, from personal branding, effective communication, and teamwork, to interview skills, business modelling, and entrepreneurial thinking.

One of our first activities involved a seemingly simple challenge: everyone had to build a duck from six identical Lego pieces. While light-hearted on the surface, the fact that no two ducks came out the same served as a powerful metaphor for the week ahead, highlighting individuality, creativity, and the idea that there is no single 'correct' career path. We continued to celebrate this diversity of approach throughout the program.

Competitive job market

What started as a room of often shy, cautious, and quiet individuals quickly transformed into a vibrant group of aspiring professionals - challenging one another, presenting ideas, and offering honest and constructive peer feedback.

Many described the experience as a turning point that gave them new confidence to pursue opportunities in a highly competitive job market. The energy, drive, and positive mindset of the graduates was infectious - and deeply inspiring.

Even more encouraging is the impact we've seen since: a number of participants have found employment or successfully started micro-businesses, and many remain engaged with the program through ongoing one-to-one mentoring provided by experienced B360 mentors. Staying in touch with them has been a privilege - and a reminder that real change often begins with small but carefully targeted steps.

Volunteer opportunties

Focused and curious: a Career Starter Week participant gaining tools for the future - made possible through the B360 initiative and LGT's engagement.

Beyond the classroom, we also spent time with the African Pathfinder Leaders Initiative (APLI), a youth-led organisation empowering unemployed Namibians through mentoring and leadership development. Our sessions focused on helping students to set strategic and resilient goals, embrace a growth mindset, and learn from failure. It was yet another example of how volunteer-led, locally rooted efforts can spark real change.

Nina Kreyer, Head Learning & Development, LGT Private Banking
Lightness in learning: Nina Kreyer, LGT © B360

Of course, Namibia's beauty left a lasting impression as well. We used our time in between the courses to explore the country's remarkable landscapes and wildlife. Whether being enthralled by the sight of rhinos, leopards, or giraffes, or learning from local conservationists about the tension between ecological preservation and economic realities, we were reminded how deeply connected environmental and social sustainability truly are.

More than anything, this experience reaffirmed a simple truth: real impact starts with involvement. By stepping outside our comfort zones, we didn't just share knowledge; we gained perspective, humility, and a renewed sense of purpose. It's a journey we're deeply grateful for, and one that further deepens our commitment to LGT's mission of creating value that goes beyond finance.

Sustainability in the workplace

Skill-based volunteering

At LGT, thinking, acting and investing sustainably are part of our identity. We partner with B360 education partnerships, a non-profit organisation that promotes exchanges between organisations and professionals in Europe, and young adults in Namibia, Zambia and South Africa. B360's vision is to equip young people with the knowledge and skills they need to actively contribute to economic and social progress in their home countries. LGT employees coach and mentor Namibian students through B360 education partnerships, both online as well as in person in Windhoek, Namibia. LGT also offers students from Namibia University of Science and Technology internships in Liechtenstein and Switzerland.

 Nhlanhla Junior Ngulube in the office
Sustainability

Harambee: Tackling youth unemployment in South Africa

The South African non-profit organisation Harambee wants to put an end to the country’s high youth unemployment. LGT Venture Philanthropy is supporting Harambee with its mission.
Young woman in her fashion studio
Sustainability

Hongkong: Von globaler Textilindustrie zur nachhaltigen Mode?

The fashion industry is struggling with an immense CO2 footprint. A look at Hong Kong, where startups, NGOs and associations are pointing the way to a more sustainable fashion world.
A young woman and an older woman are sitting at a table in front of a painting, engaged in a lively conversation.
Entrepreneurship

Family businesses: Catalysts of change

How does a family dynasty stay relevant for centuries? Maria Ahlström-Bondestam and Pauline Borg are members of the fifth generation of Finland's Ahlström family. Both have considered wealth an opportunity to affect change, not just a comfort, since childhood.
Futuristic AI image of a sustainable hotel
Sustainability

Sustainable tourism: Leading and lagging in the fight against climate change

Travel and tourism companies can teach us a lot about the power of optimism and innovation, and the dangers of not following through on promises.
Portrait photo of Tundu Kenuya smiling
Sustainability

Work with purpose: The LGT Impact Fellowship

What is the purpose of your job? An increasing number of professionals look for meaning in their careers. Some take a radical step and decide to give back to the community. Tundu Kenyua is one of them. This is her story.
A child's eye looks out from a wooden frame.
Sustainability

Financial inclusion

Innovations like simplified access to banking services and digital finance are just some of the ways that the financial sector has mobilised to support the financially excluded.
A group of small children playing with colourful toys
Sustainability

More than just a playgroup: Lively Minds in Uganda

The NGO Lively Minds empowers children and families in Uganda and Ghana to improve their education, health and quality of life.
Die amerikanische Geschäftsfrau MacKenzie Scott spendet Milliarden.
Sustainability

Funds for charitable giving grow in popularity

The billionaire divorcee has made a major mark on the philanthropy scene since splitting from Amazon founder Jeff Bezos - not just for her determination to give away her billion-dollar divorce settlement, but also for how she is doing it. Foundations and trusts like the Bill & Melinda...