Lombard Odier becomes Signatory of the UN Principles for Responsible Banking

Lombard Odier has become an official Signatory of the UN Principles for Responsible Banking – a single framework for a sustainable banking industry developed through an innovative partnership between banks worldwide and the United Nations Environment Programme Finance Initiative. 

The Principles for Responsible Banking set out the banking industry’s role and responsibility in shaping a sustainable future and in aligning the banking sector with the objectives of the UN Sustainable Development Goals and the 2015 Paris Climate Agreement. They also, importantly, embed sustainability across all business areas, and help banks to identify where they have the potential to make the most impact in their contributions to a sustainable world.

With the emergence of the sustainable development economy and subsequent new business opportunities, it is ever the most important that all stakeholders are aligned and move in a common direction. Lombard Odier’s belief that our economy is transitioning from an economy that is Wasteful, Idle, Lopsided and Dirty (WILD) to one that is Circular, Lean, Inclusive and Clean (CLIC™) reflects the fundamental target of the Principles.

As a leader in sustainability, Lombard Odier firmly believes that its interests as a business and those of the society in which we operate are aligned. Thus, we aim to ensure that we make a positive contribution to all of our stakeholders and believe this will ensure the long-term success of our Group and benefit investors.

Patrick Odier, Senior Managing Partner of the Lombard Odier Group said: “We are very proud to commit to the UNEP FI Principles for Responsible Banking. Since 1796, Lombard Odier’s philosophy has always emphasized sustainability and long-term thinking for our corporate and investment strategies. With our commitment to the Principles for Responsible Banking, we affirm and express our willingness to continue to assume an active leadership role in sustainable changes.”