The mission of Swiss Sustainable Finance (SSF) is to strengthen Switzerland's position as a leading voice and actor in sustainable finance, thereby contributing to a sustainable and propsperous economy. The association, founded in 2014, has representation in Zurich, Geneva and Lugano. Currently SSF unites around 180 members and network partners from financial service providers, investors, universities and business schools, public sector entities and other interested organisations. Through research, capacity-building and the development of practical tools and supportive frameworks, SSF fosters the integration of sustainability factors into all financial services. An overview of Swiss Sustainable Finance’s current members and network partners can be found here.
Why Switzerland for Sustainable Finance
Switzerland's stability, open economy, strong rule of law, excellent infrastructure and efficient public services are all factors that create optimal conditions for sustainable business. With its long tradition, expertise and high quality standards, the Swiss financial sector is in a perfect situation to further strengthen its position.
Sustainability within the financial system is a priority for Switzerland. It is one of the world's leading financial centres and a global centre of excellence in the field of sustainability. Its constitution declares sustainable development to be a national objective, and this is not possible without the inclusion of the financial system. Switzerland manages 10% of global securitised assets of which some CHF 390 billion are managed along sustainability principles. According to the SSF Market Study 2021, SI volumes increased by 31% to CHF 1,520.2 billion CHF in 2020 alone. There is national ambition to increase this number further. Such ambition is further supported by adherence to the Agenda 2030 and the Paris Agreement on Climate Change.
Switzerland is a global leader in wealth management, one of Europe's major asset management centres, a world-class hub for insurance services and has over 36 years of experience in sustainable finance. The country's leading role in private wealth management - the result of continuous market growth over the past 10 years - as well as the effortsin the insurance industry, combined with the special talent for manageing investments that contribute to the development of lower and middle-income countries, Switzerland's high-ranking higher education and research institutes, and the Swiss federal government -whose political system is based on the principle of subsidiary- mean that regulatory requirements are only introduced when the market fails to find appropriate solutions and thus fosters innovation in both finance and the real economy.
It occupies a top ten position in the Transparency International's Corruption Perception Index, and many international organisations dedicated to sustainability are based in Switzerland, including the Intergovernmental Panel on Climate Change (IPCC), the World Business Council on Sustainable Development (WBCSD), the International Labour Organisation (ILO) and the United Nations Environment Program Finance Initiative (UNEP FI). In 2021 Zürich ranked in 2nd place in the Global Green Finance Index, and Geneva ranked 7th.
Read the SSF Publication "Switzerland for Sustainable Finance: Transforming finance for a better world" for more information.