Operating a sustainable business is a cornerstone of LGT Group’s corporate culture and philosophy. Our owners, the Princely Family of Liechtenstein, recognised early on how important sustainability is for our environment, society and future.
At LGT Wealth Management Australia, we aim to invest in a way that supports a more sustainable future, without compromising on financial returns. We believe that incorporating sustainability into our investment decisions not only helps mitigate long-term risks, but also promotes opportunities for long-term investors. As stewards of capital, we have an important role to play in the allocation of capital towards companies and assets that operate in a more sustainable way. Consideration of environmental, social and governance factors ensures best practice risk management.
For us, sustainability means managing our company with a sense of social responsibility and with a long-term as well as a holistic perspective.
As one of the largest private wealth firms in Australia, we are committed to giving back to the communities in which we work. In Australia, all employees are provided with one day of volunteering leave to support a cause of their choice. We enable our staff to get involved and provide financial support to aid organisations.
LGT Group has consistently expanded its sustainability reporting since we began reporting on the issue in 2012. Regulators have established new standards to harmonise reporting of sustainability topics.
Since 2023, LGT has been reporting in accordance with the European Sustainability Reporting Standards as per the Corporate Sustainability Reporting Directive. This reflects our commitment to responsibility and engagement towards our clients, employees, owners and others.
We cannot master major challenges such as climate change, social inequality or political polarisation on our own. That's why we cooperate and exchange ideas with organisations that share the same goals. Together we can do more and change the future.
For more than a decade, social commitment and philanthropy has also been an important topic for LGT as a company. We owe this initiative to the long-standing and successful philanthropic commitment of our owner family. The Princely Family firmly believes that wealth goes hand in hand with social responsibility. That is why the Princely House has been charitable and philanthropic for centuries. In order to professionalise their commitment and institutionalise it within LGT, the Princely Family established the LGT Venture Philanthropy Foundation (LGT VP) in 2007. LGT VP's goal is to improve the quality of life of disadvantaged people in sub-Saharan Africa and India.
