ONE swiss bank today published its first Sustainability Report
ONE swiss bank SA (ONE) today issued its first Sustainability Report as at 30 June 2022. The aim of this report is to disclose and explain its strategy, as well as some of the actions undertaken by ONE, to become a better and more sustainable company. At its centre lies a strong conviction that any sustainable strategy, and the resulting policies, must begin with honest disclosure and an appropriate governance framework.
This report constitutes a first step for ONE towards its goal of becoming a more sustainable company. It neither claims to be exhaustive, inspiring nor in the vanguard of ESG-related developments. It simply provides readers with basic information on its commitment to drive positive change for all its stakeholders: its clients, employees, business partners and society at large. We want to describe, transparently and unpretentiously, the difficulties and occasional constraints that can be encountered when trying to become a more sustainable company that actively contributes to change.
Grégoire Pennone
Chief Executive Officer, ONE swiss bank
“In addition to providing factual information on where we stand in terms of sustainability, we want to describe, transparently and unpretentiously, the difficulties and occasional constraints that can be encountered when trying to become a more sustainable company that actively contributes to change. Our efforts are led by a team of complementary professionals in their field of expertise, each with different roles within the company but united around a common goal.”
The report does not aim to comply with any set of sustainability reporting standards such as the Sustainability Accounting Standards Board (SASB) Standards or the Global Reporting Initiative (GRI) Standards – though the bank aims to comply with one of these sets of standards by the end of 2024.
The Sustainability Report and the media release are available for download here:
– Sustainability Report 2022 (PDF)
– Media release, 14.10.2022 (PDF)
Macro The ECB enters uncharted territory
Compulsive and continuous interest rate hikes could give way to a long period of inaction.
Macro The focus is shifting to Frankfurt
Despite persisting inflation, weaker economic conditions should prompt the ECB to adopt a cautious stance.
Macro Neither too hot nor too cold (for now)
Recent mixed indicators are still compatible with a “soft landing” for the US economy.
Macro Powell preaches careful austerity
Western central bankers seem prepared to sacrifice more growth to restore price stability.
Macro Bears make a comeback in August
The continued strength of the U.S. economy is fueling a sustained “bear steepening” of the dollar yield curve.
Macro Risks of a US recession are receding (a little)
The rebound in long-term yields is hampering the exuberant rally in equities, but it bodes well for the future.
Macro Long-term bonds take a beating
Fitch’s surprise decision to cut US credit rating and robust indicators trigger bond market correction.
Macro Summer torpor takes hold of the markets
Sessions come and go, but a sideways trend has prevailed since the beginning of July.
Corporate H1 2023 Financial Results
Following the successful completion of our turnaround last year, we’re pleased to share our latest financial achievements with you today.
Macro “Time to stop tightening”, warns Mr. Market
Impatient central banks are exposing themselves to the increasingly obvious risk of overdose.
