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Mirabaud Group

Corporate responsibility

Mirabaud’s vision, mission and core values are at the forefront of all our activities. These aspects have conveyed our Group’s culture since it was founded in 1819 and are also at the heart of our corporate responsibility strategy (CSR).

Economic Responsibility

Corporate responsibility

Economic responsibility

Mirabaud’s economic responsibility consists of exercising the most effective corporate governance and best practices when conducting our business.

Making sure our clients and business partners are entirely satisfied is both a priority and an essential factor to ensure the sustainable development of Mirabaud’s activities.

In its business relations, Mirabaud is committed to applying the highest standards of excellence, responsibility and ethics to all its investments services and products.

Mirabaud’s relationships with its private and institutional clients, companies and individuals are built to last. Mirabaud is attentive to their needs and offers a range of high-quality financial services and products tailored to their specific values, expectations and requirements.

We are aware of the challenges of sustainable development and understand the need to consider the associated extra-financial criteria. Accordingly, we are actively involved in socially responsible investing (SRI). Since 2010, the Group has been a signatory of the UN’s Principles for Responsible Investment (PRI) and has been awarded the highest rating (A+) in this field for our overall strategy and governance. Mirabaud aims to offer a comprehensive range of products and services that are in line with its clients’ expectations and that integrate environmental, social and governance (ESG) principles. The Group therefore combines its growth objectives with its objectives for sustainability and responsibility.

 

Discover the Group's Sustainable and Responsible Investment strategy

 

The Group and its employees have high risk awareness and ensure they have compliance embedded into all their activities. Beyond its legal duty, Mirabaud’s economic responsibility also promotes ethical business principles. Mirabaud requires its employees to behave in an exemplary manner that protects the Group’s reputation and image towards its clients and society at large. Mirabaud does not tolerate violations to any legal provisions or ethical principles.

This same exemplary conduct is expected from Mirabaud’s suppliers and partners.

OBJECTIVE

To maintain a robust corporate governance framework and conduct business responsibly and sustainably.

 

COMMITMENT

  • Mirabaud is committed to offering a range of top-quality services and products that are tailored to its clients' needs.
  • Mirabaud is committed to embed a long-term vision and approach across its governance.
  • Mirabaud is committed to strengthening sustainable finance across its business activities.

 

AREAS FOR ACTION

  • Quality of services offered to clients
  • Comprehensive range of responsible and sustainable products and services
  • Business ethics and regulatory compliance
  • Relationships with partners and providers of products and services

 

More about the UN SDGs

Mirabaud’s economic responsibility consists of exercising the most effective corporate governance and best practices when conducting our business.

The View

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Affective computing allows companies to expand their usual view of their customers or users by determining their mood from their facial expression, their handwriting or their speech. But how exactly does this technology work?

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Good morning and welcome to Weekly Insights with John Plassard. Feeling happy? How about an advert for a beach holiday to keep your spirits up? Feeling depressed? How about an advert for a drink that could turn things around?

Emotion artificial intelligence, or affective computing, allows such a "feat".

Indeed, an algorithm could determine your mood from your appearance (by training a deep learning algorithm on facial data), your handwriting or your speech and then offer you a product or service accordingly.

This may sound futuristic, but it is an investment theme that is already proving increasingly impressive.

Affective computing is a branch of computer science that relies on bodily data (pulse, body temperature, etc.) and facial expressions to recognise and interpret a person's primary emotions.

Affective computing allows companies to broaden their usual view of their customers or users.

It also enables governments to detect malicious attack or monitor the spread of development of a disease.

The term was coined by Rosalind Picard in 1995 to refer to “"computing that relates to, arises from, or deliberately influences emotion”.

In her book, Picard discussed in detail how she envisaged advances in emotional computing, as well as areas such as possible applications and potential concerns.

She argued that there must be something like emotional reasoning for there to be any form of true artificial intelligence.

Her main idea is that it should be possible to create machines that relate to, arise from or deliberately influence emotions and other affective phenomena.

Programmers need to take affect into account when writing software that interacts with people.

Affective computing captures signals from human users through cameras, microphones, skin sensors or other means, gathering information about facial expression, tone of voice, gestures and other variables that may indicate an emotional state.

By evaluating these data points, the system interprets the user's emotional state.

There are of course many useful applications and cases in affective computing: marketing, customer service, health care, insurance or education.

Overall, the size of the global affective computing market in the post-Covid-19 scenario is expected to grow from $28.6 billion in 2020 to $140.0 billion by 2025, at a CAGR of 37.4% during the forecast period The analysis of human behaviour is becoming increasingly important with the development of artificial intelligence and big data.

However, this growing field should be treated with caution, as it may have implications for privacy.

Have a great week, stay safe and keep on winning.

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