Corporate Social Responsibility (CSR)
The bank's approach to Corporate Social Responsibility is to act concretely, while communicating in a measured way.
BCGE intends to carry out its mission as set out in the Law on Banque Cantonale de Genève while at the same time meeting sustainable development goals. The CSR Policy (formerly known as the Ethical and Environmental Responsibility Policy) sets out the Bank’s approach to social responsibility through the voluntary integration of environmental and social requirements into its business model.
In May 2024, Banque Cantonale de Genève issued a social bond in the amount of CHF 100 million, with a fixed coupon of 1.60%, to mature on 10.06.2030. The operation was highly successful with investors. This social bond complies with the principles of the International Capital Market Association (ICMA) and will facilitate the Bank’s long-term refinancing and ability to financially support public interest projects in the Canton of Geneva. The quick and successful placement of this issue reflects the high level of investor confidence in the Bank, as well as its excellent reputation as an issuer.
- MSCI ESG awarded the Bank a BBB rating.
- BCGE received an Energy Transition Award in 2022 from SIG (Geneva Industrial Services).