Simone Ardinghi’s Post

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Executive Director at Julius Baer

Interesting video concerning the alignment of JB to the new ESG standard, one step ahead in the right direction…

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To limit global warming, the priority is to reduce carbon emissions. However, for the remaining emissions, we have to find other ways to remove them. Today, relying on nature is the only viable way to capture carbon at scale from the atmosphere. That’s why we’re pleased to announce that we’re supporting two long-term reforestation projects in Panama and Indonesia. Both were selected for their high quality and transparency, and also bring social and biodiversity benefits to local communities in regions where Julius Baer has long been active in. The projects, along with our partnership with SWISS and Lufthansa Group to purchase sustainable aviation fuel, are funded by proceeds from our internal carbon price on air travel. This was introduced to encourage more conscious travelling and help achieve our goal of reducing business travel emissions by 30% by 2025. ➡️ Learn more about our decarbonisation initiatives and download the 2023 Sustainability Report here: https://ow.ly/S83q50QVjeM #sustainability #CompanyInsights

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