Swiss B Corps to use capital markets for good

The B Corp community is composed of businesses that are committed and invested in achieving the SDGs. Pioneers such as Globalance Bank, Lombard Odier Group, Raiffeisen (Genève-Rhône region), ONE CREATION Cooperative, CONINCO Explorers in finance and Conser contribute to financing the SDGs.

This shows that the social and environmental measures taken by such businesses can indeed be strongly aligned with success. All together, they are working on promoting inclusive and sustainable economic growth, reducing inequalities and defining internal policies to tackle climate change. Their values and practices highlight a shared vision of the future, and reflect the SDGs’ contributive approach and philosophy.

By becoming B Corporations, these companies reinforce their credibility towards the world. In fact, certified B Corps not only consider the notion of the “greater-good” in their values and mission, but in their actions too. The B Corp certification is rigorous and multi-sectoral. It confirms how seriously involved and reliable this cluster of businesses is.

Globalance Bank has been a “Best for the World” Honoree for a few years now, being particularly proactive with investment criteria and promoting public benefit through their products and services.

Lombard Odier Group and Raiffeisen (Genève-Rhône region) scored high in their B Impact Assessment (BIA) regarding how they engaged with their community and manage their investments. Conser, a pioneer in the systematic approach of ESG issues within the finance industry as well as CONINCO Explorers in finance have also proven their involvement, as they were awarded “Best for the World”  for their impact driven business model. Finally, just last year, ONE CREATION, an investment cooperative was awarded “Best for the World” in the field of governance.

A major challenge in financing the 2030 Agenda will be attracting and directing public and private investments to areas that support the achievement of the SDGs.  Financing for sustainable development, guided by the SDGs, including SDG 17 (partnerships for the goals), and the Addis Ababa Action Agenda will require action by a diverse set of actors. Governments are to foster enabling environments for financing and investment; private sector is to engage in long-term investments; and champions of innovation are to continue developing new solutions for financing the SDGs.  More information about financing for sustainable development can be found here.