Ethos celebrates today its 20th anniversary. On this occasion, an event took place on the topic "As investors we are building the world of tomorrow". This topic was already the central theme of the first annual report of Ethos in 1997. Several personalities spoke in the course of the day, in particular, Federal Council member Simonetta Sommaruga, Novartis Chairman Joerg Reinhardt, Council of State Karin Keller-Sutter and Mr. Luc Recordon, former Council of State. In parallel, for its 20th anniversary, Ethos publishes its 8 principles for socially responsible investment.
In the follow-up to its 20th anniversary, the Ethos Foundation launches a new stock exchange index dedicated to corporate governance at Swiss companies. In collaboration with the Swiss Stock Exchange (SIX Swiss Exchange), Ethos publishes the "Ethos Swiss Corporate Governance Index" (ESCGI) which takes into account the main corporate governance best practice criteria in order to define the weight of the different constituents. This is the first index of this type on the Swiss stock market. The index allows investors to reduce the weight of companies that entail a corporate governance risk.
Investors release statement in response to the September 2016 Tampaco Foils Ltd. factory fire/building collapse in Bangladesh
On September 10, 2016 a boiler exploded at the Tampaco Foils Ltd. factory in Bangladesh causing a fire and building collapse that took the lives of 35 workers and injured over 50 more.
Ethos launches a low carbon intensity world equities fund. Parallel to this, Ethos is joining the Montreal Carbon Pledge, a group of international investors that pledge to publish the carbon emissions of a part or of all their portfolios. On the eve of the Paris climate summit (COP 21) Ethos as a responsible investor contributes to reduce greenhouse gas emissions.
The «Ethos Equities Swiss Mid & Small» investment fund is now open to all categories of investors. Retail investors can subscribe to this fund at the same conditions as qualified investors. This equity fund allows investors to finance small and mid-sized listed companies thereby contributing to promoting the industrial sector, innovation and job creation in Switzerland.
Ethos has been selected by Pictet Funds to provide sustainability advice to its newly launched theme fund, “Pictet-Environmental Megatrend Selection”. Specifically, Ethos will engage in dialogue with selected investee companies, to convince them to improve their environmental, social and governance practices.
A recent study published by Eurosif, the European Social Investment Forum, estimates the broad European market for socially responsible investment (SRI) to be over 1.6 trillion CHF which represents a growth of 106% over the past 3 years. Eurosif estimates this to represent as much as 10-15% of the total European funds under management. The study highlights the scale and progress of European SRI across nine countries, including Switzerland where asset managers were among the first to offer SRI and which can today be considered one of the leading countries for SRI in Europe.
Pictet Asset Management has been selected for one of 5 management mandates in Sustainable European Equities to be awarded by the Fonds de Réserve pour les Retraites (FFR). The investment process applied for this mandate was developed jointly by Ethos and Pictet Asset Management as part of their new partnership initiated in the fall of 2005. Ethos is advisor to Pictet with regard to environmental and social analyses and the exercise of shareholder voting rights.
La société de direction du fonds de placement ethosfund, Lombard Odier Darier Hentsch Fund Manager SA a décidé de fermer ethosfund. Cette décision s'inscrit dans le cadre d'une réorganisation de la gamme des fonds du groupe Lombard Odier Darier Hentsch (LODH).
The Ethos Foundation and Pictet Asset Management, the institutional-asset-management arm of Pictet & Cie Bank, have decided to embark on a new partnership for socially responsible investments by pooling their specific skills in this area. As a result of this link-up, the two partners will be managing more than CHF 1.5 billion with a joint approach based on the concept of sustainable development.