Beyond pure business aims, every company has wider social responsibilities. Among these we are especially conscious of the environmental consequences of what we do, from managing the business to investing on behalf of our clients.
No other single factor compromises the welfare of future generations so much as greenhouse gases, air, water and soil pollution, the loss of forest cover and declining biodiversity that result from the resources we consume to meet our present needs.
In our operations we have, among other measures, set strict targets for cutting the Group's CO2 footprint per employee by 2020.
We aim to stimulate action on matters of sustainability.
Equally important, we have been early movers in adding sustainable investments to our product range. In 2000, we launched the Water fund, not only the first but today the largest in its sector. Among other such products, we were also pioneers with our Timber fund in 2008.
More broadly, Pictet has expressed its social conscience through a tradition of philanthropy, rooted in the spirit of the Reformation. Over the years, partners have made contributions in the fields of medical research, culture, and social and humanitarian causes. The Pictet Group Charitable Foundation, established in 2009, now provides a corporate framework for the Group's philanthropic activities.
In 2008, we launched the Prix Pictet photography prize. Through outstanding photography, the Prix Pictet aims in particular to raise public awareness of the need to tackle problems of environmental sustainability.
But nothing is possible without our staff. Their well-being is critical in promoting a sense of responsibility towards clients, towards each other and towards the wider world in which we work and live.
Bringing all these strands together, our group-wide forum, known as the Sustainable Investment Board (SIB), exists to address collectively the development of sustainable investment solutions as well as the environmental impact of our activities.
Through these initiatives, we aim to stimulate action on matters of sustainability, not only as they affect our clients and ourselves, but also the future generations who will inhabit this planet.
Important legal information
This marketing document is issued by Pictet Asset Management. It is neither directed to, nor intended for distribution or use by any person or entity who is a citizen or resident of, or domiciled or located in, any locality, state, country or jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. Only the latest version of the fund’s prospectus, the KIID (Key Investor Information Document), regulations, annual and semi-annual reports may be relied upon as the basis for investment decisions. These documents are available on assetmanagement.pictet.
This document is used for informational purposes only and does not constitute, on Pictet Asset Management part, an offer to buy or sell solicitation or investment advice. It has been established on the basis of data, projections, forecasts, anticipations and hypothesis which are subjective. Its analysis and conclusions are the expression of an opinion, based on available data at a specific date. The effective evolution of the economic variables and values of the financial markets could be significantly different from the indications communicated in this document.
Information, opinions and estimates contained in this document reflect a judgment at the original date of publication and are subject to change without notice. Pictet Asset Management has not taken any steps to ensure that the securities referred to in this document are suitable for any particular investor and this document is not to be relied upon in substitution for the exercise of independent judgment. Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. Before making any investment decision, investors are recommended to ascertain if this investment is suitable for them in light of their financial knowledge and experience, investment goals and financial situation, or to obtain specific advice from an industry professional.
The value and income of any of the securities or financial instruments mentioned in this document may fall as well as rise and, as a consequence, investors may receive back less than originally invested. Risk factors are listed in the fund’s prospectus and are not intended to be reproduced in full in this document.
Past performance is not a guarantee or a reliable indicator of future performance. Performance data does not include the commissions and fees charged at the time of subscribing for or redeeming shares. This marketing material is not intended to be a substitute for the fund’s full documentation or for any information which investors should obtain from their financial intermediaries acting in relation to their investment in the fund or funds mentioned in this document.
EU countries: the relevant entity is Pictet Asset Management (Europe) S.A., 15, avenue J. F. Kennedy, L-1855 Luxembourg
Switzerland: the relevant entity is Pictet Asset Management SA , 60 Route des Acacias – 1211 Geneva 73
Hong Kong: this material has not been reviewed by the Securities and Futures Commission or any other regulatory authority. The issuer of this material is Pictet Asset Management (Hong Kong) Limited.
Singapore: this material is issued by Pictet Asset Management (Singapore) Pte Ltd. This material is intended only for institutional and accredited investors and it has not been reviewed by the Monetary Authority of Singapore.
Pictet Asset Management Inc. (Pictet AM Inc) is responsible for effecting solicitation in North America to promote the portfolio management services of Pictet Asset Management Limited (Pictet AM Ltd) and Pictet Asset Management SA (Pictet AM SA).
In Canada Pictet AM Inc. is registered as Portfolio Manager authorised to conduct marketing activities on behalf of Pictet AM Ltd and Pictet AM SA. In the USA, Pictet AM Inc. is registered as an SEC Investment Adviser and its activities are conducted in full compliance with the SEC rules applicable to the marketing of affiliate entities as prescribed in the Adviser Act of 1940 ref. 17CFR275.206(4)-3.