As private bankers with unlimited liability, personal responsibility has always been fundamental for us. We believe in taking responsibility for our own actions and failures.
Sustainability means behaving responsibly and being in harmony with yourself and the environment. This applies both to individuals and businesses that interact with various stakeholders (employees, clients, suppliers etc.) and preferably strive for a long-term and collaborative partnership.
In the financial world, the term ESG – short for environment, social and governance – is used in connection with sustainability. It is important to understand that ESG is not just about ecological issues but also encompasses a wide range of topics across various levels of impact.
THE THREE PILLARS OF ESG
Environment
In the environmental domain, issues such as energy efficiency, greenhouse gas emissions, waste management and conserving natural resources are evaluated to ensure that business practices are environmentally friendly and sustainable.
Social
In the social domain, issues such as working conditions, human rights, diversity, business ethics and corruption are evaluated to ensure that business practices are socially responsible.
Governance
The governance domain relates, for example, to the way in which companies and organisations are managed and controlled. This includes aspects such as corporate structure transparency, responsibilities of managers, and supervisory board independence.
ACTIONS SPEAK LOUDER THAN WORDS
Our integral philosophy is to bring people and money into harmony. This means that, as a company, we are responsible for providing our clients with the best possible support on their journey in the financial world. It is important here for us to understand people’s different mindsets and attitudes as well as their personal wishes and concerns so that we can take these into account when formulating a personalised strategy.
But as a company, we also strive to fulfil our responsibilities towards the ecological and social environment. This touches upon all impact levels of our company.
OUR VIEW OF RESPONSIBILITY
Prudent use of resources
We strive to keep the negative impacts on the environment, such as our company CO2 emissions, as low as possible. Our goal is to be carbon-neutral by 2028 at the latest. We are taking specific measures to achieve this and will continue to do so. We are careful and economical in the way we use resources. We also consider resource consumption when taking business decisions.
Forward-looking investment approach
We firmly believe that financially prosperous companies with forward-looking business models and far-sighted management can help bring about an environmentally and socially sustainable world. We analyse and select investments in accordance with our forward-looking investment approach, which is based on our own independent market opinion.
Investments of Reichmuth & Co Investment Management AG
We see it as our mission to make a long-term and tangible contribution to the transition towards a more sustainable world through our investment activities. For this reason, we are continually expanding our range of sustainable investment instruments so that our clients can actively invest in the energy transition and decarbonisation of the economy.
Our portfolio reporting encompasses not just performance but also information on environmental and social issues as well as corporate management. Where available, the investments in the portfolio are displayed with ESG ratings from “A+” to “D-”. Upon request, for example for institutional clients, we prepare detailed reports and extracts in accordance with the required investment guidelines.
Responsibility dialogue
We are passionate about serving others and going the extra mile: our clients have the freedom to decide for themselves what responsibility means to them personally and how they wish to meet it when investing. In this dialogue, we listen to what responsibility means to them personally, what goals they want to pursue and what their stance on the environment, social issues and responsible corporate governance is.
Commitment to society
As private bankers, we have a responsibility towards society. Since the bank was founded, it has been a top priority of ours to support the common good. We are one of the main partners of the Rütli-Foundation, which is a foundation for charitable activities we founded and are strongly committed to. We also encourage all co-entrepreneurs to personally contribute to society.
A sustainable organisation is one which is constantly learning. We are not perfect, but strive to continuously develop ourselves through further education and training. We highly value personal and professional development, equal opportunities for men and women, diversity and the compatibility of family and career. As every co-entrepreneur has individual needs, we do not have a collective set of rules. With our lean structures and direct paths, we take into account individual concerns wherever this is possible and makes sense.
Personal responsibility is part of our DNA
Since our founding in 1996, the unlimited and personal liability of our partners has been the foundation for our responsible, sensible and sympathetic actions and inactions. We have no employees, only long-standing co-entrepreneurs. Everyone takes personal responsibility towards both clients and the company. Taking responsibility should be a worthwhile act. We share our company’s economic success and provide opportunities for financial participation in Reichmuth & Co.
Discover our values
MILESTONES
Reichmuth & Co’s history
The Reichmuth family is an anchor shareholder of Reichmuth & Co and has significantly shaped the Group’s development with its values.
The partners’ unlimited liability signifies responsible corporate governance and demonstrates the owners are aligned with the long-term interests.
1996 – Foundation
Karl Reichmuth and his son Christof lay the foundation stone for today’s Reichmuth & Co Privatbankiers. With Switzerland’s youngest genuine private bank with unlimited liability, they set a clear signal for responsible Swiss banking services.
2000 – Launch of PensFlex and establishment of Rütli-Foundation
PensFlex Foundation creates the opportunity to offer independent retirement provision in the non-mandatory segment.
The Rütli-Foundation enables philanthropic engagement that makes a genuine impact.
2001 – Foundation of today’s Reichmuth & Co Investment Management AG
The creation of the company’s own fund management company allows it to offer its own funds in addition to asset management services.
2012 – Foundation stone laid for infrastructure solutions
The foundation of InRoll AG creates the first vehicle for investing in infrastructure.
2015 – Launch of infrastructure fund
Reichmuth & Co Investment Management launches Reichmuth Infrastructure Schweiz KmGK, the first diversified infrastructure fund focusing on transport, utilities and waste disposal.
2019 – Establishment of ESG project team
A dedicated project team starts developing a concept related to ESG topics that are relevant to the company and client needs.
2021 – Signing of UNPRI by Reichmuth & Co Investment Management AG
Reichmuth & Co Investment Management AG signs UNPRI, committing itself to its standards.
2022 – Launch of Reichmuth Sustainable Infrastructure (SCSp)
Reichmuth & Co Investment Management AG is the investment advisor for Reichmuth SCS SICAV-RAIF – Reichmuth Sustainable Infrastructure, a fund established under Luxembourg law.
INFORMATION
What does sustainability and ESG mean?
There is no universally accepted definition for the concept of sustainability. The Federal Council has endorsed the Brundtland Report’s definition of sustainability: “Development is sustainable if it meets the needs of the present without compromising the ability of future generations to meet their own needs.”
ESG encompasses the three following dimensions of sustainable development: • Environment • Social • Governance
What is meant by the UN’s 17 goals?
In 2015, the United Nations member states adopted Agenda 2030, which includes 17 goals for sustainable development and calls on all countries to work together to ensure that these goals can be achieved by 2030. These are issues relating to climate change, environmental degradation, poverty and inequality. The 17 goals are known as Sustainable Development Goals, or SDGs for short.
Where can I find more information and the regulatory basis for the topic of ESG?
Click on the following link for the “Guidelines for financial service providers on the integration of ESG preferences and ESG risks into investment advice and portfolio management” of the Swiss Bankers Association (SBA) and our ESG information brochure.