Headline target: Pictet's portfolio targets cover 34% of its total investment and lending by total managed assets as of 2021 (1). As of that year, required activities made up 34% of Pictet's total investment and lending by total managed assets while optional activities made up 39% and out of scope activities made up 27%. (1) Excluding assets under custody and advisory mandates, Pictet’s portfolio targets cover 70% of its total investment and lending activities from its discretionary mandates and balance sheet assets. Full target: https://sciencebasedtargets.org/resources/files/Target-language-and-summary_Pictet-Group-Pictet.pdf