Lombard Odier leads Net Zero conversation with former UN leader Ban Ki-moon and his six strategic alliances in live-streamed virtual conference
Former UN chief Ban Ki-moon as keynote speaker
SINGAPORE, September 20, 2021 / PRNewswire / – Lombard Odier, one of the world’s leading B-Corp certified wealth and asset managers, is proud to join its network of six strategic alliances to lead the sustainability conversation during its keynote speaker titled “The Race to Net Zero: A Sprint or a Marathon.” This virtual conference took place on September 16, 2021 and broadcast live in eight APAC markets, including Hong Kong, Singapore and Japan.
Joined by the former Secretary General of the United Nations (UN) Ban Ki-moon as a keynote speaker, Ban’s opening address highlighted his journey with the UN and how he brought durability at the forefront of the global government and business agenda. Some of his top priorities at the UN include the Paris Climate Agreement and the United Nations Sustainable Development Goals, of which he continues to be a promoter today.
Bloomberg’s Chief International Correspondent for South East Asia, Haslinda amin, conducted a fireside conversation with the Senior Managing Partner of Lombard Odier, Hubert Keller, who joined live from Geneva, to discuss the bank’s efforts in driving the net zero challenge towards a more sustainable future.
Hubert Keller, Senior Managing Partner, Lombard Odier Group, said: “As the climate transition unfolds, financial exposure to the challenges of transition and to physical and liability risks intensifies – we call it the Impact on climatic value. As an asset manager, this is part of our fiduciary duty. to help our clients navigate the transition to the net zero economy. Through forward-looking assessments, including an understanding of decarbonization pathways and trajectories and their financial implications, we help investors realign their portfolios. Ban Ki-moon was insightful and underscored the need for clearer roadmaps and concerted action among all stakeholders in Asia, as elsewhere.”
Vincent Magnénat, sponsor and CEO of Asia, Lombard Odier, said: “We recognize the considerable challenges facing many Asian countries in transitioning to a net zero economy and a circular, lean, inclusive and clean (CLIC ™) model – a cornerstone of the mission and the vision of Lombard Odier. we embrace this sustainability revolution we believe that financial institutions and their clients have an important role to play as agents of change At Lombard Odier we believe that the sustainability revolution represents the greatest opportunity of our life – higher returns that we want to be able to offer our customers. With our network of six regional strategic alliances, we are pleased to engage in a regional dialogue led by Ban Ki-moon, to influence the implementation of sustainability-focused causes and investment opportunities as a force for the common good. “
Ban Ki-moon, 8th Secretary-General of the United Nations, said: “The global economy is on a course that would lead to a worsening of the global climate crisis, and the recent IPCC United Nations climate report painted a devastating picture that the crisis is inevitable, unprecedented and irreversible. With the Paris Agreement as our best hope against such serious climate threats, leading financial institutions such as Lombard Odier and its ecosystem of strategic alliances in the region have a crucial role to play as we step up our efforts to implement the Paris Agreement. “
The “Race to Net Zero” conference was moderated by the partner and CEO Asia of Lombard Odier, Vincent Magnénat, with its six partners from its network of strategic alliances – namely JBWere Australia, Kasikornbank Private Banking, Mandiri Private, Mizuho Titles (Singapore), Taipei Fubon Bank and UnionBank Private Banking.
About Lombard Odier
Lombard Odier is a world leader in wealth and asset management. For 225 years and through more than 40 financial crises, the Group has been able to combine innovation and prudence to align itself with the long-term interests of private and institutional clients. The Group is owned solely by its Managing Partners and has a solid, liquid and prudently invested balance sheet with a CET1 ratio of 29.7% and a Fitch rating of AA-.
Lombard Odier offers a full range of wealth services, including succession planning, discretionary management and portfolio advice and custody. Asset management services are offered by Lombard Odier Investment Managers (LOIM). The Group has created cutting-edge banking technology, which is also exploited by other private banks and financial institutions based in Switzerland and Europe.
The Group had total client assets of 316 billion francs To December 31, 2020. Based at Geneva Since 1796, at the end of December, the Group had 30 offices in 24 jurisdictions and employed 2,560 people.
For more information: www.lombardodier.com
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