Lombard Odier has made sustainability a top priority across all businesses. Now it is expanding its sustainability know-how with an expert on forests.
The asset management arm of Lombard Odier is hiring Marc Palahi as a chief nature officer, it said in an emailed statement Tuesday.
Nonbanking Background
Palahi previously directed the European Forest Institute, which he joined in 2007. In his new role, he will add to Lombard Odier Investment Managers' sustainability expertise and contribute towards its newly launched sustainable investment platform Holistiq, which invests in the environmental transition and has a focus on nature-based solutions.
The platform, founded with Systemiq, aims to take advantage of the increased demand for sustainable investing expected to require trillions of dollars to implement over the coming years.
Nature's Role
«The world continues to face unprecedented challenges in building a more sustainable economic future, encompassing climate change, biodiversity loss, socio-economic inequalities as well as resource security and scarcity. The role nature has to play in addressing these issues is increasingly clear, and we must ensure that a just transition includes positive nature outcomes,» Lombard Odier managing partner Jean-Pascal Porcherot, said in the statement.
