Sustainability is a central concern for many of the young companies that have chosen us as their bank. In our special Circular Economy Incubator program we and our partner, ImpactHub, use our expertise to support young companies that have innovative and environmentally friendly business models aimed at reducing CO2 emissions and the use of resources.
Planted, Impact Acoustic and Yamo are just three of the latest generation of companies that we have supported since they were founded. Their business models, products and positions in the market are very different, so the ways in which we look after them and advise them as they establish and develop their companies are equally diverse.
The four young ETH Zurich food engineers who are behind Planted were able to launch, with just one round of financing, their fully developed product – chicken and beef substitutes made of plant proteins.
Yamo, similarly, uses innovative high-pressure pasteurization technology and sustainable organic ingredients to make a range of baby foods that contain no additives or chemicals. The simple concept of the founders of Yamo is that babies should be given fresh food to eat, not food that is older than they are.
The founders of Impact Acoustic in Lucerne have also made sustainability a trademark of their room acoustics company. They bring together elegant, functional design and recycling by making high-quality bespoke sound insulation products for offices and business premises out of single-use material.
In 2019, we helped several thousand enterprising people to realize their dream of self-employment. We are particularly proud of the fact that so many entrepreneurs for whom sustainability is a high priority have chosen us as their bank.