Acting in a responsible, sustainable manner is a central component of Liechtenstein’s culture. Liechtenstein is establishing itself as a respected, sustainable and stable financial centre.
In December 2015 a new era was initiated at the Climate Conference in Paris when all member states of the UN agreed to support a new climate convention. This convention is also setting the future direction of the financial sector. After all, it too is affected by climate change and the associated risks. If it does not focus its investments on sustainably oriented companies and sectors in good time, then climate change could destroy assets.
Sustainability plays an important role in Liechtenstein’s financial centre. It promotes the development of cutting-edge products and structures that take account of the sense of responsibility shown by clients towards society and the environment.
The Liechtenstein Bankers Association offset a total of 445.7 tons of CO2 in 2022. This finding comes from information published in the LBA’s first sustainability report. The association also contributed to various UN Sustainable Development Goals.
The Liechtenstein Bankers Association is seeking to reduce its carbon footprint. To this end, it is working with the environmental platform KlimaDAO. Together, its operational emissions in both 2021 and 2022 were able to be offset.