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Sustainability

LGT awarded for sustainable investments

5 Nov 2021
Vaduz - LGT Private Banking has been named the Best Private Bank for Sustainable Investing in Western Europe by the magazine Global Finance. In addition, LGT won the Best Private Bank for Alternatives award, which is designated by the magazine PWM.

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LGT Private Banking in Vaduz has been named by the business magazine Global Finance as the Best Private Bank for Sustainable Investing. According to a press release issued by the LGT Group, which is under the ownership of the Princely House of Liechtenstein, LGT Private Banking was assessed as the Best Private Bank for Sustainable Investing in Western Europe due to its comprehensive range of products and services.

The magazine hands out these awards on the basis of various world regions. Previously, LGT was presented with the Outstanding Leadership in Sustainability Transparency award, while the magazine also named LGT as the Best Private Bank in Liechtenstein.

“Sustainability is extremely important to us, both as an investor and as an investment advisor”, comments Olivier de Perregaux, CEO of LGT Private Banking, in the press release. LGT has built up an extensive range of products and services in this area over recent years with the aim of supporting clients in their efforts to align their portfolios with sustainability objectives. “Investor focus is increasingly shifting towards sustainable investing and impact investing – also when it comes to alternative investments”, de Perregaux explains further. In his view, investors are keen to generate “environmental and social returns in addition to financial returns”.

The magazine Professional Wealth Management (PWM), which is part of the Financial Times, and The Banker have also presented their Global Private Banking Awards for the world’s best private banks. In so doing, LGT was named Best Private Bank for Alternatives, making it the fourth year in a row that the bank has picked up this particular award.