Graubündner Kantonalbank rated "AA" for sustainability
The international rating agency MSCI has raised the ESG rating of Graubündner Kantonalbank from "BBB" to "AA". According to MSCI, this makes GKB one of the leading banks with an "AA" or "AAA" rating. In addition, GKB is now a partner of the Swiss Climate Foundation and is involved in its advisory board.
With an "AA" rating, Graubündner Kantonalbank GKB receives the second highest sustainability rating from MSCI. The sustainability ratings of agencies such as MSCI aim to measure a company's handling of financially relevant ESG risks and opportunities. The rating takes into account social criteria, governance criteria and environmental aspects.
Sustainability: Commitment and transparency
Sustainability is firmly anchored in GKB's strategy, the bank says. "I am all the more pleased that our commitment and performance are now rated AA," says its CEO Daniel Fust. "For years, we have been committed to sustainable development in the canton as well as in our investment and financing business. With our new GRI sustainability report, we communicate our activities transparently and comprehensibly." The rating agency MSCI also confirms that Graubündner Kantonalbank meets the highest requirements in the areas of money laundering, corruption and data protection. MSCI also highlights GKB's activities in the area of talent development and employee training, according to the Graubündner Kantonalbank press release.
Graubündner Kantonalbank is committed to the Swiss Climate Foundation
Graubündner Kantonalbank is now supporting the Swiss Climate Foundation. "For effective climate protection, we need to pool our resources and promote innovation beyond the cantonal borders. This is exactly what we achieve as a partner of the Swiss Climate Foundation," says Daniel Fust. The foundation's funding flows into the development of innovative technologies to protect the climate, including in the building sector and agriculture, or into projects in the area of circular economy.
Graubündner Kantonalbank and 27 other companies from the service sector are supporting the investments of the Swiss Climate Foundation. "By joining the Swiss Climate Foundation, Graubündner Kantonalbank is sending a clear signal that climate protection does not end at the cantonal border. Climate change is an immense challenge that we can only master with combined forces and forward-looking solutions and technologies," says Vincent Eckert, Managing Director of the Swiss Climate Foundation. Since its establishment in 2009, the foundation has supported around 2100 SMEs in Switzerland and Liechtenstein with over 33 million Swiss francs.
Source: GKB
