Lombard Odier Group awarded B Corp certification in recognition of its corporate sustainability leadership

Lombard Odier Group has received a B Corp certification from leading global sustainability non-profit B Lab, in recognition of its corporate sustainability practices.

The B Corp certification is one of the world’s most advanced ratings for corporate sustainability. Becoming a ‘B Corp’ involves a rigorous assessment of a company’s environmental and social performance and governance. It measures how companies manage its people, environmental footprint, products, suppliers and the communities with whom they interact.

Lombard Odier has a long heritage in corporate sustainability and supporting social and humanitarian causes, being one of the first private companies in Switzerland to establish an employee pension fund in 1910. The Group has also developed an ambitious environmental footprint plan. This year, Lombard Odier will launch several new initiatives, as the business strives to continually improve on its sustainability efforts. Looking further ahead, Lombard Odier’s new headquarters, at Bellevue on Lake Geneva, which is expected to complete during 2022, will also meet very high standards of environmental sustainability, with the quality of working conditions an integral part of the ecosystem.

“B-Corp recognition further demonstrates sustainability is at the very heart of our investment philosophy and our corporate values. For seven generations we have been constantly rethinking and innovating to secure the best future for the company, our clients and the next generation,” said Patrick Odier, Senior Managing Partner, Lombard Odier.

Andrew Kassoy, B Lab co-founder, commented: “B Lab is delighted to certify Lombard Odier as a B Corp. Lombard Odier has been a pioneer in bringing impact to wealth and asset management.  We hope that their leadership will inspire many other financial services businesses to join the B Corp community and act together to use the capital markets for good.”