IG Group Partners with Glac-Up as Its ESG Efforts

IG Group, a leading, global fintech company at the forefront of trading innovation since 1974, today announced a collaboration with Glac-UP, an Italian Benefit Corporation dedicated to increasing awareness about, and reducing the impacts of, climate change on local environments.

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Among its initiatives in development, Glac-UP fosters Alpine glaciers preservation projects in partnership with key stakeholders including individuals, corporations, scientists, local communities, and local authorities.

"We are focused on honing our ESG strategy to have a notable positive impact on the communities in which we operate. This can take shape in many forms – and addressing environmental challenges is one of our areas. Last year, we committed to contributing 1% of post-tax profits and resources for sustainability and social responsibility focused programs,"said Jon Noble, Global Chief Operating Officer, IG Group.

"Glaciers are melting at an unprecedented rate, with 90% of glaciers predicted to disappear by the end of this century. Glacial melting has a significant negative impact on local environments, so we were highly motivated to collaborate with Glac-UP to take short-term steps to reduce that impact. Longer term, we continue to evaluate how we can shape our ESG efforts to address climate change."

"We are honoured to partner with IG Group, for its commitment to fighting climate change. We are working closely with IG Group employees and stakeholders to raise awareness on the issue of climate change, and its impact on Alpine Glaciers,"said Pietro Cimenti, Co-founder, Glac-UP.