What the numbers say
Swissquote’s sustainability score is very slightly below the sector’s average. Social and Governance pull the firm towards a great performance while the Environmental score is a drag mainly due to lack of reported data.
Our analysis
Beyond the very satisfying performance on Social and Governance, which are very much under management’s control, the hiccup might come from the Environmental side.
In fact, Swissquote is structurally dependent on its customers’ behaviour and their willingness to invest responsibly and invest the right products (cryptos, which are highly energy-consuming). While the firm, in the future, will launch further trading products/assets and attract more customers, this will be at the expense of customers potentially looking for profits instead of a “sustainable” and “responsible” behaviour.