LGT believes transparency is the most effective way for clients, employees, our owner and other stakeholders to assess our progress in addressing some of the world’s most pressing challenges.
LGT began reporting on its sustainability activities in 2012. We now publish a number of annual reports, including our Sustainability Report, our Non-Financial Report and our report in accordance with the Task Force on Climate-related Disclosures (TCFD). This year, we are publishing our first global Stewardship Report.
LGT has gradually integrated more detail on environmental, social and governance topics into its business and investment decision-making. Our Sustainability Strategy 2030 sets targets in our business activities and across our entire product range, e.g. decarbonize portfolio and advisory mandates while optimizing return, risk and impact, so ultimately, 80 percent of assets managed on behalf of clients are managed sustainably. With the aim of increasing sustainability in portfolios, we also focus on transparency and active advice for our clients.
In 2021, LGT committed to reducing emissions in our operations and our own investments to net-zero by 2030. In 2022, we developed our Sustainability Strategy 2030, which includes and expands on this target.
PRI expert Emmett McNamee on Stewardship and on how investors can promote change by becoming more active owners.