Home > Client Testimonial: Liechtensteinische Landesbank AG

Client Testimonial: Liechtensteinische Landesbank AG

May 19, 2021

Interview with Bernhard Schmitt, Head of Equity & Multi Manager Management, Liechtensteinische Landesbank AG (LLB).

How did you hear about inrate? What convinced you to choose Inrate?
We at the Liechtensteinische Landesbank AG, and especially LLB Asset Management, the investment competence centre of the LLB Group, have been dealing with the issue of sustainability for a long time. Therefore, we are well acquainted with Inrate, but also with zRating, a shareholder service provider that you took over years ago. From our point of view, the compilation of sustainability-relevant information, ongoing research in this area and the consolidation of all data into a company rating are very important. We clearly see Inrate’s strengths in these areas.

In which services were you initially interested and has this evolved along the process as you got more familiar with our offering?
While initially it was mainly your sector & market studies and your events, we now find your entire product range interesting, as it has an important focus on Swiss companies that is important for us in addition to sustainability. Especially this comprehensive view of the Swiss corporate world combined with your cooperation with the Swiss stock exchange convince us beyond that.

Can you highlight how Inrate has helped you?
From an asset management perspective, the Swiss investment market is a core market for us. In addition to our very long experience in this area, we also have a comprehensive range of products and services. It was therefore clear to us that when the Swiss stock exchange comes up with a sustainable Swiss Performance Index, we want to be among the first product providers for this market segment. With its research and data offering, Inrate provides us with precisely this support. That applies to our sustainable investment products, such as the LLB Swiss Equities Passive ESG Fund


What did you appreciate the most in working with us?
We certainly appreciate your research. If you ask for keywords on cooperation, I would highlight the client- and result-oriented, as well as transparent and independent approach – simply sustainable.

The Liechtensteinische Landesbank AG (LLB) is the longest established financial institution in the Principality of Liechtenstein. The majority shareholder is the State of Liechtenstein. LLB is listed on the SIX Swiss Exchange (symbol: LLBN). The LLB Group offers its clients comprehensive wealth management services: as a universal bank, in private banking, in asset management and fund services. With 1,064 employees (full-time positions) it is present in Liechtenstein, Switzerland, Austria and the United Arab Emirates (Abu Dhabi and Dubai). As of December 31, 2020, the LLB Group’s business volume reached CHF 92.9 billion.
Responsibility for society and the environment
Our aim is to act responsibly and create value – for our company, for the society and the environment. As a financial institution with a long-term perspective, we are therefore committed to leaving behind the most intact environment and stable social conditions for the future generations. Sustainability is one of the principles of our corporate strategy and is at the core of our values.

More on LLB

Financial market infrastructure provider SIX announced today the launch of a new climate data offering, aimed at supporting investors in reporting and monitoring of climate factors, and in climate-related investment and risk decision making.

The climate data sets, from various data providers in a range of industries, will provide clients with modelled and reported emissions data, covering over 33,000 companies globally, and bringing together multiple data sets on regulatory, historical and forward-looking climate impacts from providers including MSCI and Inrate. SIX also announced that it has recently entered into an agreement with environmental disclosure platform CDP to offer access to its global Greenhouse Gas (GHG) Emissions Dataset across various industries.

According to SIX, the new data sets come as investors increasingly require ESG and climate data to monitor investment decisions and to meet growing regulatory disclosure requirements, including the EU’s SFDR and the U.S.’ upcoming SEC Climate Disclosure Rules.

Martina Macpherson, Head ESG Product Strategy and Management, Financial Information, SIX, said:

“Understanding, measuring and managing climate risk and opportunities, as well as the impact that these can have on investment decisions, is a critical area of focus for market participants and policy makers alike. As more climate risk monitoring and reporting is required globally, the cost of compliance is increasing – both in operations and in terms of specialist ESG resources. SIX works with established providers of basic and specific ESG and climate data in the market.”