Joint Media Release
Bordier & Cie joins Climate Bonds Partners Programme
GENEVA/LONDON: 28/05/2020:11:00 BST: Family-owned Swiss bank Bordier & Cie has become a Climate Bonds Partner.
Bordier & Cie’s has been adopting practices to foster sustainable finance as a response to the challenge posed by climate change. Bordier & Cie has announced its commitment to report the CO2 – climate impact of its equity funds and to offer its clients alternative investment solutions to fossil energy related securities. These measures come on the top of the bank’s sustainable commitment to contributing to a more sustainable world by teaming up with Under The Pole, a pioneering underwater research expedition.
The Climate Bonds Partners Programme gathers members of the global financial sector – including investors, banks, issuers, service providers as well as governments and related institutions – to promote the development of green bond standards and leverage the USD100 trillion bond market to deliver the transition to a low carbon economy.
Frédéric Potelle, Head of Research and Member of the Executive Committee:
“We are really happy to announce our partnership with Climate Bonds, which comes in addition to other sustainable and climate finance initiatives at Bordier & Cie. We see in climate change one of if not the main threat to global stability and we are determined to do our part in the needed efforts to mitigate the risk. Regarding finance, we are convinced that a vast movement of capital reallocation is taking place and will accelerate.”
Antoine Petit, Head of Fixed Income:
“We are eager to participate more actively in the green and climate bonds market but wanted a robust partner to ensure credentials of the green label. For us, labelled green bonds, thanks to their clear use of proceeds, are the ideal vehicle to maximize the impact of our clients’ investments: now, we have a credible tool and partner.”
Manuel Adamini, Head of Investor Outreach, Climate Bonds Initiative:
“We are delighted to welcome Bordier to our Partners Programme. We are proud to be recognized for our work in mobilising global capital for climate action and for establishing and guarding market integrity. With Bordier having sustainability as one of the pillars of its business strategy, we are looking forward to working with them to maximise investors’ climate impacts.”
-Ends-
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Bordier Media contact: |
Climate Bonds contact: |
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Frédéric Potelle |
Andrew Whiley |
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Head of Research |
Head of Communications & Media |
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Bordier & Cie |
Climate Bonds Initiative |
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T: +41 (0)58 258 02 59 |
M: +44 (0)7506 270 943 |
Notes for journalists
About Bordier: Bordier & Cie is an independent private banker established as an unlimited liability partnership in 1844 in Geneva. Since then, the Bank grown into an international banking group owned and managed by the fifth generation of the same family. For the past 175 years, as a family of entrepreneurs, Bordier & Cie helped preserve the wealth entrusted by its clients, growing and safeguarding it for future generations.
About the Climate Bonds Initiative: CBI is an international investor-focused not-for-profit organisation working to mobilise the USD100tn bond market for climate change solutions. The Climate Bonds Initiative carries out market analysis, policy research, market development; advises governments and regulators; and administers a global green bond Certification Scheme. For more information, please visit www.climatebonds.net.
Climate Bonds Partners Programme: Partners support investor and stakeholder outreach and education projects centred on growing robust and sustainable green bond markets that contribute to climate action and low carbon investment. Partners assist in developing initiatives to grow investment in climate finance solutions, participate in different market development committees & help define policy agendas for sector, country & sub-national green bond development programs. A list of Partners is available here.