Foreword by the President and the CEO

2024 marked the 10-year anniversary of SSF, a milestone that brought with it a year of celebration and widespread praise. The highlight of our anniversary was undoubtedly the 10-year anniversary event, where we had the privilege of hosting esteemed speakers such as Mary Robinson, Kirsten Schuijt, Peter Wuffli, and many more. Together, we engaged in meaningful discussions about the need for a just transition to a low-carbon world, debated how to combine private and public wealth to enable change, explored the role of data in driving this change, and painted a compelling picture of sustainable finance over the next decade. As a special feature, we further published in our newsletter a series of interviews with 10 SSF companions, who provided invaluable insights into the remarkable developments in sustainable finance over the past ten years. These conversations also highlighted the key challenges that lie ahead, reminding us of the ongoing ­ journey we must undertake.

However, the past year was not just about celebrations. It was also a year of significant shifts. Sustainability and ESG topics are increasingly facing headwinds, with the regulatory complexity increasing and organizations often viewing these topics solely as a burden rather than also as an opportunity. At SSF, we see it as our mandate to help our members navigate through these complex times. Our goal is to provide guidance, prepare compelling arguments for sustainable finance, and help educate organisations on the importance and benefits of sustainability.

Looking forward, it is crucial to focus on the impact of our actions. To this end, we established the Swiss Platform for Impact Investing (SPII) in the past year. With its own Executive Board and various SPII Leaders, the platform leverages the expertise and network of a diverse group of impact experts. The objective is to promote impact investing in Switzerland, channeling more funds into investments that contribute to achieving the sustainable development goals – an ever more critical objective in times of multiple crises.

On a more personal note, we had to bid farewell to two long-standing members of our team: Alberto Stival, Ticino Representative and Director of Education, and Kelly Hess, Director of Projects. We extend our heartfelt thanks to both of them for their unwavering support since SSF’s inception and wish them all the best in their future endeavours. At the same time, SSF is delighted to build on a dynamic development and welcome both new team and Board members, supporting the organisation in strengthening our voice in the Swiss financial center around all aspects of sustainable finance.

Patrick Odier
SSF President

Sabine Döbeli
SSF CEO

SSF Strategic Priorities in the Year 2024

SSF has 4 strategic priorities, which it enacts through 10 activity fields.

SSF Strategic Priorities

Informing on best practice

Activity 1: Sustainable finance information

Swiss Sustainable Investment Market Study 2024
7th edition of the Swiss Sustainable Investment Market Study. Some key facts: 86 respondents (asset owners, asset managers, banks) 4 different perspectives used to classify sustainability-related investments 58% of volumes apply 4 or more approaches See below in Activity 4, "Sustainable Investment Market Study Focus Group" for further details. In the 2024 edition, the Swiss Sustainable Investment Market Study examines the term “sustainable investment” through different perspectives from the Swiss and European market. Particularly it illustrates how sustainable investments are classified based on the definition from the AMAS self-regulation and the Eurosif methodology published in February 2024. For more information see Market Study 2024 website.
Swiss Sustainable Lending Market Study 2024

1st
Edition of this encompassing study on sustainability practices in the lending business in Switzerland
25
participating banks accounting for 72% of Swiss lending market
72%
of survey participants have a sustainability strategy for their lending business
2
launch events held in Zurich and Geneva

9
main motives for sustainable lending activities

For more information see Swiss Sustainable Lending Market Study 2024.

Other Publications

1other publication released by SSF with Tameo as valued partner throughout 2024.
A Stocktake of Swiss Impact Investing.

Newsletters

SSF publishes a monthly newsletter, which anyone can subscribe to. There is an additional “Inside SSF” newsletter available for members.
As 2024 was our anniversary year, we also featured an interview series with 10 SSF companions over the course of the year.

10
editions of the SSF public newsletter published

8
editions of “Inside SSF” (SSF member newsletter) published

10
Interviews in the series “Insights from 10 SSF Companions

1
Interview with Sabine Döbeli, SSF CEO outlining how SSF started

 
Social Media

16'025followers on LinkedIn*

SSF has considerably expanded traction on LinkedIn and thereby gained a lot of new followers.

*As of 7.1.2025

Activity 2: Sustainable finance events

Sustainable finance events
8physical events organised or co-organised by SSF (e.g. SSF Annual Conference, Lending Market Study launch, SFI/SSF sustainable finance event , Carbon Markets and Their Role in the Transition to a Climate Aligned Economy) including 2 events and 3 contributions at Building Bridges 7public webinars hosted by SSF, including Launch Webinar for A Stocktake of Swiss Impact Investing, Launch Webinar for the Swiss Climate Scores Template 2.0, Getting Started with the TNFD Framework Webinar 2member workshops held, including SSF/Global Canopy Workshop: Getting Started with Deforestation Risks Assessment See SSF website for further details on past SSF events. >16 additional events to which SSF contributed its expert know-how (presentations, panel-discussions, moderations)

Creating supportive tools

SSF bundles its activities to create supportive tools to different member types into four member platforms. For each of these platforms, two annual meetings are held to inform about key activities and lead a dialogue with members about future needs. Each platform is supported by different focus groups. Read about the various activities of the four platforms and different focus groups below.

Activity 3: Sustainable Finance Education

Sharing Education Experiences Focus Group
This focus group was created to hold a series of workshops composed of presentations and an open discussion around a specific sustainable finance education topic. 1session was hosted in 2024 4speakers featured in the session "E-learning as a tool for sustainable finance education in banks and insurance" 30participants in the sharing education experiences session.
E-Learning for Institutional Asset Owner Focus Group

SSF revised and updated its “Introduction to Sustainable Investing” to integrate the new insights and data.

1revised and updated e-learning providing an introduction to sustainable investments specifically for all finance professionals.

961users registered (*)

594users received certificate (new feature from 2023) (*)

*As of 07.01.2025: https://ssfacademy.learnworlds.com/author/userprogress

Activity 4: Sustainable Investing

Sustainable Investment Market Study Focus Group

This annual, reoccurring focus group serves as a sounding board for changes to SSF’s annual survey which serves as the basis for our flagship publication on sustainable investments. SSF and focus group members debate and approve the market study survey, helping SSF’s survey evolve with the constantly changing industry to capture the most important market data related to sustainable investing.

1
Sustainable Investment Market Study 2024 published

>220attendants to the launch webinar

Impact Investing Focus Group/Swiss Platform for Impact Investing (SPII)

This focus group aimed to promote further adoption of investments with impact by identifying key issues related to definitions, frameworks, impact measurement and reporting. During 2024 it helped SSF understand the needs of the Swiss ecosystem. This work culminated in the launch of the Swiss Platform for Impact Investing (SPII) at Building Bridges 2024. The SPII is hosted at SSF, SSF will also provide the secretariat for the SPII and manage individual projects going forward. With the launch of the SPII the Impact Investing Focus Group was ended.

>30people helped shape inputs to the creation of the SPII

13members of the SPII Executive Board nominated by SSF Board

1launch event with over 50 participants
Find more information about the SPII here.

Regulatory Focus Group

This focus group acts as sounding board for the SSF Secretariat in preparing founded and practical input around topics of regulation.

12meetings held in 2024

4SSF responses to public consultations submitted

1statement on the Federal Council’s new FINMA Circular “Nature-related financial risks”

Swiss Stewardship Code Focus Group
This is a joint subgroup to the AMAS/SSF Expert Committee on sustainable finance that developed a Swiss Stewardship Code as a guidance for effective investor stewardship. It built on the know-how of asset managers, asset owners and service providers. In 2024, the group provided feedback on the Swiss Stewardship Code and started the work on a related publication and events that will take place in 2025.
TNFD Swiss Consultation Group

SSF and GCNSL are co-conveners of the Swiss Consultation Group (CG) to the TNFD. The role of the Swiss TNFD CG is to build knowledge and capacity of the TNFD within their network. The Swiss TNFD CG consists of SSF members, GCNSL members and Swiss TNFD Forum members.

1public webinar held in 2024

4TNFD Exchange Group sessions held in 2024

35representatives of companies and financial institutions represented in the TNFD Exchange group

11speakers from across the Exchange group sessions in 2024

Activity 5: Sustainable Financing

Sustainable Lending Market Study Focus Group
This focus group was created to support SSF in preparing a first market study on sustainable lending activities in Switzerland, with the aim to promote transparency about the current practices and sustainable lending volumes. 1 Swiss Sustainable Lending Market Study published

Activity 6: Institutional Asset Owners

Institutional Asset Owner Workshops Focus Group
Together with the SSF secretariat, this focus group identifies topics and partners suitable for asset owner workshops. These workshops are exclusively directed at representatives of institutional asset owners (pension funds, insurers, foundations, single family offices). 2workshops held for IAO in 2024, of which 1 event in English and 1 in French/German

Shaping Swiss frameworks

Activity 7: Political Dialogue

Consultations

SSF has a Board Committee on Political Dialogue in place, which defines the positions of SSF on a range of political questions.

4consultation responses prepared

7Political Dialogue Board Committee Meetings held

Dialogue with Government
SSF regularly holds an informal dialogue with different federal authorities including the State Secretariat for International Finance (SIF), the State Secretariat of Economic Affairs (SECO) and the Federal Office for the Environment (FOEN), as well as with FINMA.

SSF CEO Sabine Döbeli is a member of the Advisory Committee on International Cooperation, a committee consulting the Swiss government on international cooperation and humanitarian aid. In this committee she brings in the view of the finance sector.
Dialogue with Members of Parliament

1Parliamentary event held

In September 2024, SSF organised a parliamentary event on the role of finance for the transition to net-zero. In the discussion with parliamentarians SSF provided insights on the levers and limitations of finance in supporting the transition to a low-carbon economy.

Activity 8: Collaboration with finance associations

Collaboration with finance associations
SSF is in a regular exchange with other finance associations on various sustainable finance topics. The AMAS/SSF Expert Commission on Sustainable Finance serves as a sounding board for joint activities of the two associations. The joint working group on the Swiss Stewardship Code resulted in the launch of the code in autumn 2023 and further work on promoting it in 2024.

SSF is in a regular dialogue with SBA on key developments in sustainable finance and the two associatons have organised a joint event on nature risks in mortgage portfolios in 2024.


Furthermore, SSF is in a regular exchange with other finance associations such as Sustainable Finance Geneva (SFG), the Swiss Insurance Association, the Swiss Pension Fund Associaton (ASIP) or CFA Switzerland Society.

Engaging key stakeholders

Activity 9: Dialogue with Representatives of the Swiss Economy

Dialogue with Representatives of the Swiss Economy

1joint workgroup with an association representing all sectors

SSF is a member of the TNFD Forum and co-hosts the Swiss Consultation Group for the TNFD along with GCNSL. See the section on Swiss TNFD Consultation Group for more information on our activities.

Activity 10: Collaboration and Exchange with International Peers

Collaboration and Exchange with International Peers
3international organisations with SSF as a member:

SSF as an organisation

SSF members and network partners

At the end of 2024, SSF was supported by a total of 263 organisations (232 members and 31 network partners), which reflects a growth of 7% compared to the previous year. See the member profiles on the SSF website.


SSF Board

The SSF Board has 15 members representing different member types and regions. In 2024, SSF elected five new members to the SSF Board. Patrick Odier is serving his third year as President of SSF. View the profiles of the current board members on the SSF website and below. 

SSF Team

The SSF Secretariat has 8 team members, all of which are providing their individual know-how and expertise to the organisation. See their profiles on the SSF website. In 2024, Daniela Lavrador joined the team as the new Director Romandie, Romain Leroy-Castillo as Director Projects and Maurice Bohren as an Intern and then as Junior Project Manager. Alberto Stival, Director and Representative Ticino, has left the SSF team by end of 2024 to pursue other activities. We warmly thank him for his invaluable support of SSF since its inception.
Download Annual Report 2024