hours volunteered in bottom-up initiatives in 2019
Our CSR stategy
- We aim to create а long-term shared value in social, environmental and economic terms.
- We have worked hard to shift from a separate sustainability strategy to an integrated corporate sustainability strategy.
- This means that we embed sustainability in everything: in our people, in our solutions, and in our operations.
Our commitments & goals
In October 2019, Avaloq joined the United Nations Global Compact, the largest worldwide CSR initiative for businesses. As a participant, we are committed to providing an annual communication on progress in implementing the UN Global Compact’s ten principles in the four areas of human rights, labour, environment and anti-corruption.
In line with this, Avaloq maintains a self-assessment on CSR issues based on the UN Global Compact framework.
CEO foreword
“I am delighted to introduce Avaloq’s first corporate social responsibility report – our first formal summary of the many and different ways we at Avaloq focus on sustainability, giving back to the communities that we operate in, and the way we conduct ourselves as we do business.”Jürg Hunziker
Chief Executive Officer
Learn about our corporate social responsibility strategy and commitment
Supporting the UN’s Sustainable Development Goals
Each of the 17 SDGs provides an urgent call-to-action for governments, businesses and civil society organisations to address the most relevant problems facing the world today.
Climate action
Take urgent action to combat climate change and its impacts by switching to 100% renewable energy and becoming a net zero emissions company.
Decent work & economic growth
Promote inclusive and sustainable economic growth, employment and decent work for all. By ensuring both financial and non-financial value to our clients and communities.
Partnership for the goals
Revitalize the global partnership for sustainable development by engaging with recognized organizations to initiate dialogue on challenges of corruption.
Gender equality
Achieve gender equality and empower all women and girls by increasing the number of women in our workforce to 30% – as well as doubling the number of women in senior/management positions.
Our journey to becoming a net zero emissions company
We are aware of the urgency to act against environmental change, which is why we have set ourselves the ambitious goal of becoming a net zero emissions company by the third quarter of 2020. This means avoiding the creation of greenhouse gas emissions, or, in cases where this cannot be avoided, offsetting them.
Making the switch to 100% renewable energy sources
As a software company, our most relevant scope 2 emissions are a result of the electricity consumed at our data centres. That is why we have set our sights high: to ensure 100% of the electricity we consume from the grid is procured from renewable sources.
Doing our bit every day
We leverage our people, technology and resources to treat our planet with respect. Every single day. Introducing numerous small but impactful initiatives: switching to recycled paper, ensuring all IT equipment is recycled, promoting eco-friendly transport, and so much more.
We protect our customers’ right to privacy
The protection of personal data is a fundamental right of all individuals, and is at the core of our business - banking. We have a comprehensive Global Data Protection Policy which describes the basic principles and responsibilities we follow to ensure our adherance to legal and regulatory data protection requirements when processing people’s data.
Doing Well by Doing Good
Doing Well by Doing Good is an annual social engagement programme which sponsors 12 volunteering projects focused on the environment, knowledge sharing, well-being or gender equality.
Volunteering days programme
During volunteering days, Avaloq employees help local communities and the environment by cleaning up at festivals, in forests and so forth.
SOS Kinderdorf
Avaloq has supported SOS Kinderdorf, an NGO, since 2015. The NGO works to provide shelter, educational programmes and access to healthcare for unprivileged children and families in 135 countries.
