What Impact Reports Reveal: Beyond the Metrics

Each year, de Pury Pictet Turrettini (PPT) publishes impact reports for most of its funds. Far more than an exercise in transparency, these publications show how the firm integrates major economic transitions, selects its investments and supports companies over the long term.

The 2025 reports also mark the culmination of our new Engagement 3.0 strategy. Since 2006, our Buy & Care® strategy has placed shareholder engagement at the heart of the investment process, embodying an approach more closely aligned with our concerns as long-term investors.

An impact report is not merely a compilation of metrics. Designed as a genuine management tool, it makes it possible to track structural shifts, assess transformation trajectories and better understand the role an investor can play beyond short-term financial performance alone.

For the first time, the 2025 reports also include a structured reading against the main Swiss frameworks for sustainable investment. They present the information required by AMAS self-regulation, the indicators set out in the ASIP ESG reporting standard, and the Swiss Climate Scores, the Swiss framework for climate transparency recommended by the Federal Council. This development strengthens the readability, comparability and traceability of the extra-financial information made available to investors.

Buy & Care®: A Pioneering Vision of Responsible Investment

Long before sustainable finance became a market standard, de Pury Pictet Turrettini was already developing approaches related to impact investing, the energy transition and active shareholder engagement. This early commitment is reflected in the tone of the reports. Impact does not appear as a layer of compliance added to the investment process, but as the very logic of how we manage assets.

Buy & Care® rests on three complementary pillars:

• Active Portfolio Management
• Active Voting & Stewardship
• Active Engagement & Impact

In other words: select, vote, engage.

An Active Approach, Built to Last

The reports stand out for their consistency and regularity. Structured each year within the same framework, they make it possible to track not only metrics but also dynamics: observed progress, strengthened commitments, emerging priorities and improvement trajectories.

This consistency does not preclude adaptation to each fund. While the analytical logic remains constant, the indicators and areas of focus evolve according to the investment universe: energy transition, digitalisation, health, education, demographic shifts or complex value chains.

Impact is thus presented as a process of continuous progression, requiring a detailed understanding of sectors, operational constraints and sector-specific trajectories.

Measuring Impact Without Losing Sight of the Field

The reports give significant weight to metrics: climate trajectories, extra-financial data, progression targets and alignment with international standards.

However, impact cannot be reduced to ESG data alone. That is why our approach retains a deeply qualitative dimension: dialogue with management, field visits, an understanding of value chains and the monitoring of ongoing transformations. This attention to the field runs through all the publications.

The reports thus convey a demanding view of responsible investment, one in which impact is reduced neither to a rating, nor to an exclusion mechanism, nor to a regulatory obligation. It takes shape through active practice: rigorous analysis, consistent dialogue and support for transformations over time.

In 2025, the main Buy & Care® funds all posted a PPT sustainability score above their reference universe. The exercise of voting rights is likewise systematic: more than 3,500 resolutions were voted on, with roughly 10% of votes cast against management recommendations.

In 2025, more than 30 meetings were held with portfolio companies, accompanied by more than 130 concrete recommendations. For some funds, more than 50% of companies were engaged in 2025. Over the past four years, this proportion has at times exceeded 80%. Our recommendations focus in particular on climate, supply chain, governance, remuneration and transparency, confirming that the Buy & Care® approach is embedded in active, documented and measurable monitoring of the companies held.

Discover the funds and their impact reports on our Asset Management Page.