Respect is one of our core values: respect for the environment, society and each other. In everything we do, we count on employees who identify with our values and make a long-term commitment to our clients, our company, society and the environment.
We have been working for many years now to further strengthen our business' commitment to sustainability. We recognise that tackling sustainability is no easy task and that plans must continue to evolve and develop. Our ambitions for the future include collaboration with peers to drive industry-level commitment, directing cost-savings to ESG initiatives and pushing recycling in our offices further.
LGT's unique ownership structure is linked to a long-term and holistic approach to doing business. LGT adopted a sustainable mind-set early on and has had a dedicated sustainability management team in place for 10 years. We are proud to be part of LGT and able to leverage its expertise and network.
Our parent company LGT has been pursuing prudent environmental and operations management for many year and has already reached a number of important milestones. In the Sustainability Strategy 2025, further ambitious goals have been defined in the areas of mobility, facility management, procurement, digitalisation, energy consumption and CO2 emissions.
Each year, a minimum of ten percent of LGT Group dividends are allocated to philanthropic activities.
Founded in 2007, LGT Venture Philanthropy Foundation deploys philanthropic capital to organisations with effective, innovative, and scalable solutions to social and environmental challenges.
The foundation primarily supports organisations based in emerging markets, focusing on high-impact sectors, including education, health, and environment. This financial assistance really helps the organisations, but just as important are the transfer of knowledge and access to networks that the foundation facilitates.
The only way to tackle problems such as climate change, social imbalances and political polarisation is by working together. LGT collaborates with specialist organisations globally across the following initiatives to promote sustainability, including:
We are also a member of the World Economic Forum Alliance of CEO Climate Leaders. Along with 50 other CEOs globally who preside companies with a total of $1.3 trillion in revenues, our Group CEO signed the open letter calling on governments to be ambitious and address climate change. This letter was released ahead of the 24th Conference of the Parties to the UN Framework Convention on Climate Change in November 2018.