Ecological responsibility

We are convinced that actions driven by sustainability and responsibility increase our corporate value. This is reflected in the way we promote small and medium-sized businesses (SMB) contributing to climate protection. LLB is partner of the independent non-profit Swiss Climate Foundation. It therefore belongs to a group of 25 partner firms that pool their resources to promote SMBs in Switzerland and Liechtenstein. The companies do this in an uncomplicated and efficient manner and, through their activities, they help to protect the climate. Company refunds of CO2 contributions made to the Climate Foundation are used to support new products and technological developments as well as energy saving projects. Additionally, businesses in Liechtenstein have access to the system for SMBs run by the Swiss energy agency Energie-Agentur der Wirtschaft (EnAW), which helps clients to implement economically profitable energy saving measures. LLB’s private and corporate clients simultaneously benefit from our approach to ecological questions as well as our commitment in the Climate Foundation.

The LLB Group pursues the principle that the economy, society and the public sector have to be equally committed to financing the transformation of energy systems and making them sustainable. As a member of the Liechtenstein Bankers Association (LBA), LLB also supports the «CARLO Foundation», which was founded by the Deutsche Umweltstiftung (German environmental foundation), the Liechtenstein Government, MAMA AG and the Bankers Association at the beginning of July 2012. This non-profit foundation aims to develop an independent rating system for financial products in order to promote a sustainable financial market and corresponding business models as well. The foundation’s mission is to create a new type of transparency and at the same time provide guidance so that sustainable businesses and financial products can more easily find investors. Since April 2013 the foundation has established a sustainability rating for financial products that is founded on a broadly based stakeholder survey. The Liechtensteinische Landesbank also supports the «CARLO Foundation» by way of its Future Foundation.

The number of market participants as well as of socially responsible investment (SRI) products and services is increasing. That is why the LLB Group is committed to being one of the main sponsors of «yourSRI.com». This platform, launched in October 2012, is already one of the leading global online databases for sustainable investment. It supports investment managers, client advisors, investors and researchers in finding the information they need in the SRI universe. In addition to yield, tradability and security, socially responsible investments (SRI) consider environmental, social and governance criteria. In 2013, «yourSRI.com» was able to further expand its strategic cooperations and range of services. Through the European Education Initiative for Sustainable Finance, it contributes to generating knowledge for sustainable economic management and investments at more than 20 universities in nine countries.

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