Published July 28, 2021, 9:54 AM UnionBank Private Banking and Lombard Odier From resource-intensive mass production methods that often lead to overconsumption, to anti-green practices that contribute to the continuous degradation of the environment, many of today’s investment strategies employ models that are not sustainable. Lombard Odier has aptly named these models WILD or “Wasteful, Idle, Lopsided, Dirty”, an issue UnionBank Private Banking is similarly trying to address, in the context of sustainable investing in the local landscape. There are many factors that Filipino ultra-high net worth individuals consider when choosing a bank. Sustainability, one such factor, is starting to grow in weight of preference. According to the whitepaper “Connection, Transition, Transformation: engaging Asia’s UHNWI in the New Normal” published in February 2021 by Lombard Odier and UnionBank Private Banking together with Lombard Odier’s other strategic alliances in the region, many UHNWIs have noted their concern for climate change and the need for action once the pandemic has ended with 89% of the respondents believing that the sustainability trend in one form or another is here to stay in the long run.