Edmond de Rothschild Chief Sustainability Officer Nathalie Wallace: 4 Things to Know

Financial services firm Edmond de Rothschild has hired Natixis veteran Nathalie Wallace as chief sustainability officer.

Here are four things to know about Wallace's expertise and Edmond de Rothschild's sustainability strategy.

1. Business Scope and Scale: Edmond de Rothschild, based in Genève, Switzerland, is an investment firm that specializes in private banking and asset management. The company, founded in 1953, serves an international client base of families, entrepreneurs and institutional investors. The firm's expertise spans corporate finance, private equity, real estate and fund services. As of December 2022, the company had roughly 2,500 employees and CHF 160 billion (US$177 billion) in assets under management.

2. Sustainability Strategy. Edmond de Rothschild is striving to achieve net zero greenhouse gas (GHG) emissions by 2050, as part of its commitment to the Net Zero Asset Managers Initiative (NZAM). The overall Edmond de Rothschild sustainability strategy is outlined here.

3. Executive Experience: Wallace arrives with expansive sustainability experience. She most recently was global head of sustainable investment at Natixis Investment Managers. Earlier, Wallace held key posts at Mirova, State Street Global Advisors and Delta Partners. She also serves on several boards and third-party committees.

4. Executive Perspectives: Wallace, based in Paris, reports to CEO of Edmond de Rothschild Holding Cynthia Tobiano, and Global CEO of Asset Management Christophe Caspar.

In a prepared statement about hiring Wallace, Tobiano said: “We are delighted to welcome Nathalie to Edmond de Rothschild. She is a highly qualified professional who will strongly contribute to the further development of our ESG strategy, to which we have long been committed. She will take it a step further both in liquid assets and private markets, for the benefit of our clients.”

Added Wallace: “I am delighted to be joining a group that has always put financing the real economy and sustainability firmly at the heart of its concerns. The family has always promoted sustainable investing and I am excited to be given the chance to help the organisation through the next stage of their ESG development.”

Financial Services Chief Sustainability Officer: Why Technology Partners Should Care

By 2027, 25% of Global 2000 companies will have assigned a chief sustainability officer (CSO) responsible for meeting their organization’s ESG goals and making ESG-related IT purchasing decisions, according to IDC.

The bottom line: Technology partners need to extend their sales, marketing, engagement and support strategies to successfully fulfill those CSO customer needs, Sustainable Tech Partner believes.