As a member of the United Nations (UN), Switzerland has committed to implementing the UN’s 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals (SDGs). Switzerland also ratified the Paris Agreement on climate change in October 2017, committing itself to achieving the Agreement’s targets. Implementing sustainability factors in various sectors, including the financial sector, plays a vital role not only in fulfilling these commitments, but also in securing and enhancing Switzerland’s competitiveness. Switzerland is a leading, globally competitive financial center and among the world’s top locations for institutional asset management.
The question now arises as to how the transformation from a traditional economy to a sustainable one can be funded. Asset management has an important part to play here as it channels income into the real economy. Pensions and infrastructure require vast amounts of funding. In addition, the success of corporate strategies in a globalized economy increasingly hinges on the effective implementation of sustainability factors.
In order to enhance the competitiveness of the Swiss fund and asset management industry and adapt its services to today’s needs, the Asset Management Association Switzerland promotes the effective inclusion of sustainability/ESG criteria in business and investment decisions for the long-term benefit of investors and supports the industry’s efforts to meet the expectations placed on it.