Swissquote Adds ESG Information on Offered Stocks

Thursday, 15/12/2022 | 09:03 GMT by Arnab Shome
  • "Our clients are getting increasingly conscious about ESG values," said Swissquote's CEO.
Swissquote

Environmental, social and governance, popularly known as ESG, has become a priority in backing companies, including investments in them by companies such as Swissquote. Thus, trading platforms are adding support to include ESG data on their platforms.

Swissquote Offering ESG Information

In addition, Swissquote jumped onto the ESG bandwagon and now has extended its support by including information on the ecological, environmental and governmental impact of a large number of stocks offered by the platform.

"We are continuously improving our own ESG profile by strengthening our corporate governance, supporting our employees, and tracking our environmental footprint. However, the biggest impact we can make is to motivate our half a million customers to make better investment choices, where better means not only more performance at the same level of risk, but also a higher ESG score for the same parameters. ESG is the 3rd dimension to optimize a portfolio after performance and risk," said Marc Bürki, the CEO of Swissquote.

Check out the recent London Summit session on "Social Impact & Innovation in Fintech."

ESG and Investing

The popularity of ESG in investment has skyrocketed in recent years, and it has even become a keyword. However, investors still struggle to find accurate data to support sorting stocks according to ESG preference. Swissquote's offering addresses this exact issue.

The Switzerland-headquartered broker, operating with an online banking license, is now displaying ESG scores and breaking down the ecological, environmental, and governance parts. Further, the platform allows investors to include and exclude ESG criteria by filtering information with 11 positive and nine negative impact criteria.

"Our clients are getting increasingly conscious about ESG values," Bürki added.

"We salute this growing sensitiveness and are using technology to empower our clients to make better-informed choices taking into consideration all relevant dimensions on a single stock level because we believe that sustainable investing does not have to be compromised."

Meanwhile, Swissquote is expanding its global footprint. After launching a cryptocurrency exchange, it recently gained a regulatory license in Cyprus to further boost its European expansion. However, the company's operating revenue for the first half of 2022 dipped to CHF 204.8 million, which is a decline of 23.1 percent from the same period of the previous year.

Environmental, social and governance, popularly known as ESG, has become a priority in backing companies, including investments in them by companies such as Swissquote. Thus, trading platforms are adding support to include ESG data on their platforms.

Swissquote Offering ESG Information

In addition, Swissquote jumped onto the ESG bandwagon and now has extended its support by including information on the ecological, environmental and governmental impact of a large number of stocks offered by the platform.

"We are continuously improving our own ESG profile by strengthening our corporate governance, supporting our employees, and tracking our environmental footprint. However, the biggest impact we can make is to motivate our half a million customers to make better investment choices, where better means not only more performance at the same level of risk, but also a higher ESG score for the same parameters. ESG is the 3rd dimension to optimize a portfolio after performance and risk," said Marc Bürki, the CEO of Swissquote.

Check out the recent London Summit session on "Social Impact & Innovation in Fintech."

ESG and Investing

The popularity of ESG in investment has skyrocketed in recent years, and it has even become a keyword. However, investors still struggle to find accurate data to support sorting stocks according to ESG preference. Swissquote's offering addresses this exact issue.

The Switzerland-headquartered broker, operating with an online banking license, is now displaying ESG scores and breaking down the ecological, environmental, and governance parts. Further, the platform allows investors to include and exclude ESG criteria by filtering information with 11 positive and nine negative impact criteria.

"Our clients are getting increasingly conscious about ESG values," Bürki added.

"We salute this growing sensitiveness and are using technology to empower our clients to make better-informed choices taking into consideration all relevant dimensions on a single stock level because we believe that sustainable investing does not have to be compromised."

Meanwhile, Swissquote is expanding its global footprint. After launching a cryptocurrency exchange, it recently gained a regulatory license in Cyprus to further boost its European expansion. However, the company's operating revenue for the first half of 2022 dipped to CHF 204.8 million, which is a decline of 23.1 percent from the same period of the previous year.

About the Author: Arnab Shome
Arnab Shome
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6654 Articles
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