Open Letter to Index Providers
In August 2018, Pictet spearheaded an initiative to exclude controversial weapons from mainstream indices. Work on this initiative continued and intensified in 2019.
Pictet, together with Swiss Sustainable Finance, is leading an initiative to put pressure on index providers to remove controversial weapon manufacturers from mainstream indices. The initiative, launched in August 2018, secured the backing of 173 signatories controlling over USD 9 trillion and including international asset owners and managers (as of October 2019).