As a leading software and service provider in the financial industry, we are reinventing finance so that people can make a difference in society. This is in line with Avaloq’s mission to be the orchestrator of the financial ecosystem and to democratize access to wealth management. All of this is made possible by the products and services we provide, allowing a broader group of people access to previously unavailable financial solutions.
We also aim to facilitate awareness around ESG (environmental, social and governance) investment solutions by providing products that match an investor's sustainability goals.
Our CSR strategy
Our CSR strategy is focused on the three key areas of business, society and environment, which are all linked to the specific Sustainable Development Goals (SDG) of the United Nations. These goals include reducing inequalities, gender equality, decent work and economic growth, affordable and clean energy, and climate action.
We have set precise sustainability targets – some of them quantitative, others qualitative. In our CSR Report, we share our goals and what we have achieved by integrating the United Nations Global Compact principles into our business strategy, culture and daily operations.
Our environmental approach
Although our focus is reducing our carbon footprint, we also want to minimize the climate impact of those emissions we cannot yet avoid. Therefore, we purchase and retire an equivalent volume of independently verified carbon credits on the voluntary carbon market for Scope 1, Scope 2, and Scope 3 unavoidable emissions. This is how we achieved the Climate Neutral Company label from South Pole in 2021, related to 2020 operations. We are committed to achieving the same recognition for our 2022 operations.