About
Sustainability
Pictet & Cie is a leading global wealth and asset management group, which aims to be grounded on sustainable business principles for the environment, society and corporate governance.
The Prix Pictet was developed by Pictet to deepen our understanding of the changes taking place in our world and to raise public awareness of the urgent need to take preventative action.
For each cycle of the award, in addition to the main prize a Commission is awarded to a photographer selected from the Shortlist to undertake a field trip to a region where the Bank is supporting a sustainability project.
For the Water Commission, building on Pictet’s support for WaterAid’s work in Bangladesh, shortlisted artist Munem Wasif visited the Satkhira region of south-west Bangladesh.
For the Earth Commission Pictet chose to support the work of Azafady, a UK charity and Malagasy-registered NGO that helps the poorest communities in Madagascar to develop sustainable ways of living. American photographer Ed Kashi was invited to undertake the second Commission.
Chris Jordan visited Kenya's Northern Rangelands, with logistical support from Tusk Trust, to complete the Growth Commission.
Pictet & Cie and Sustainability
In this context we seek sustainability not just in terms of our core business and financial success, but to build long-term partnerships with our stakeholders based on trust and mutual respect.
Sustainable development is embedded in Pictet's history
Pictet pledges to work towards sustainable development, both by managing our in-house operations in the most appropriate way and above all by offering our clients a choice of high-quality products in the field of sustainable investment.
Pictet's sustainable vision has arisen from our more than 200-year history as a family-owned business, growing through the development of enduring relationships with our clients and employees, and firmly rooted in the highest standards of business and personal behaviour. As long-term stewards of our clients' capital, we cannot afford to take short-term views or to ignore the eventual consequences of our actions, whether financial or personal.
Teaming up for sustainable development
In managing our business and setting our long-term objectives, we carefully select partner organisations and business principles that are consistent with the sustainable objectives we have set for ourselves. For example, Pictet was the first bank to join the Global Footprint Network, which pioneered the now widely accepted Ecological Footprint. Pictet Asset Management has signed the Principles for Responsible Investment (PRI), based on the philosophy of the UN Global Compact Initiative.
Initiatives and support
As a well-resourced, financially secure business, we at Pictet recognise our responsibility to contribute to the solution of environmental and social issues. Every year, Pictet supports sustainability initiatives at both the international and local level.
