Edmond de Rothschild (Suisse) S.A.
As a conviction-driven investment house founded upon the belief that wealth should be used to build the world of tomorrow, Edmond de Rothschild specialises in Private Banking and Asset Management and serves an international clientele of families, entrepreneurs and institutional investors.
Edmond de Rothschild (Suisse) S.A. and its affiliates (“Edmond de Rothschild”) joined the Net Zero Asset Managers Initiative in May 2023 and its initial target disclosure was published on 29 May 2024.
Percentage of assets covered by the Net Zero Asset Managers Commitment Statement
47.5% of total AUM (USD $28.84 billion)
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Baseline(s):
Portfolio coverage baseline
Infrastructure debt: 27% is considered net zero, aligned or aligning
Portfolio coverage baseline
Real estate: 34% of AUM is below the 2022 CRREM pathways
Portfolio coverage baseline
Private equity: 44% is considered net zero, aligned or aligning
Portfolio decarbonisation reference baseline
27.54 tCO2e/ €mn invested.
Our portfolio decarbonisation reference baseline covers Listed equity and Corporate debt assets.
Target(s):
Portfolio coverage target
Infrastructure debt: 50% is considered net zero, aligned, aligning or committed to aligning.
Real estate: 73% of AUM is below the 2022 CRREM pathways.
Private equity: 65% is considered net zero, aligned, aligning or committed to aligning.
Portfolio decarbonisation reference target
-50%
Our Portfolio Decarbonisation Reference Target covers Listed equity and Corporate debt assets.
GHG scopes included:
We address scope 1 and scope 2 in our initial commitment.
Methodology:
Net Zero Investment Framework
Scenario(s):
Depending of the asset class the frameworks used are:
– CRREM for Real estate;
– IPCC no and low overshoot 1.5°C scenario for Private equity and Infrastructure debt;
– The IEA 1.5° scenario for Corporate debt and Listed equity.
Additional information
Proportion of AUM committed:
This proportion of AUM committed is below 100% for the following reasons:
– Clients have not greenlighted Edmond de Rothschild to commit all their mandates or dedicated funds,
– Lack of data for certain investment strategies and asset classes,
– Methodologies not considered mature enough.
Policy on coal and other fossil fuel investments:
Yes. Currently, Edmond de Rothschild has a policy on coal and other unconventional fossil fuel investment for each asset class included in our NZAM commitment.
https://www.edmond-de-rothschild.com/fr/Pages/Publication-informations-en-matiere-de-durabilite.aspx
https://www.edmond-de-rothschild.com/fr/Pages/Responsible-investment-Suisse.aspx