Sustainability Report 2022

The following chart shows that the vast majority of our portfolios achieves 17 or more
points out of 20. This evaluation takes all investment solutions into account (asset
management and advisory mandates in 2 nd pillar, pillar 3a and free pension provision).
Portfolios with less than 17 points typically belong to advisory clients who attach less
importance to sustainability. For portfolios where less than 65 percent of the investments
can be covered with ESG ratings, no sustainability profile is calculated. The share of these
portfolios is below 2 percent, and most of them also belong to advisory clients.
93 percent of the
portfolios score
at least 17 points
100%
80%
60%
40%
90.3%
20%
0%
12
13
14
0.3% 5.0% 2.6% 1.8%
15
16
17
18
19
20 No VZ
sustainability
report
4.4 ESG approaches in consulting and reporting
98 percent receive
our sustainability
profile
100%
80%
60%
40%
20%
0%
98.2%
1.8%
With without
VZ sustainability report
For some years now, we have addressed
ESG criteria as a standard part of our
consulting for new clients as well. In
2023, we will expand this information
and document it in greater detail. Existing
clients regularly receive a comprehensive
report on the development of
their assets. This includes, for example,
that we report the net return after deduction
of all fees in a transparent manner.
As one of the first financial service providers,
VZ has integrated information on ESG characteristics (e.g. ESG ratings of the
invested funds) into the reporting as standard. Overall, more than 98 percent of our
clients within the 2nd pillar, the pillar 3a as well private saving receive the VZ sustainability
profile (chart above). Only a few clients do not yet receive this information because they
opt for special investment solutions.
Sustainability report 2022
15