Pledging to Protect Biodiversity
Bank J. Safra Sarasin is proud to announce that it has become the first Swiss institution to join the Finance for Biodiversity Pledge. With global wildlife populations declining by 60% over the last 40 years, our planet is effectively facing its sixth mass extinction in history, with far-reaching consequences. Financial institutions can play an important role in helping to reverse nature’s losses.
As a signatory, we recognise the need to protect biodiversity. Besides collaborating and sharing knowledge, we commit to engaging with companies by including biodiversity in our ESG policies. We also pledge to assess our own biodiversity impact and set science-based targets in order to increase our positive impact significantly, while minimising any negative effects.
“As a pioneer in sustainable investments with over 30 years’ experience, we have long embedded environmental issues related to biodiversity across our investment process. It is also a focus topic in our engagement with corporate leaders. But there is clearly more to do in terms of data sourcing and reporting about biodiversity risks and impacts. We are pledging to do our share as the business case for scaling up action on biodiversity is becoming ever clearer,” said Jan Poser, Chief Strategist and Head Sustainability at Bank J. Safra Sarasin.
The Finance for Biodiversity Pledge is a collective of 26 financial institutions around the world with EUR 3 trillion in assets, who have committed to making a positive contribution to biodiversity through investments and activities.