Our Group
Integritas
IN THIS SECTION
2023 marked 150 years since our UK business was among those to provide the 1873 US Government loan. The loan was part of the Act of Congress’ authorisation of the refunding of the country’s national debt. This helped to refinance and invest in the US following the Civil War.
Our story
When Mayer Amschel Rothschild created his financial services business in the 1760s, he understood the value of building a reputation for trust, and preserving that reputation for the long term.
When his five sons expanded the business across Europe they, in turn, appreciated the importance of close collaboration and detailed local market knowledge.
These qualities remain as important to Rothschild & Co’s business today as they did then.
We have remained at the centre of the world’s financial markets for more than two centuries, through changing times and upheavals. An “eighteenth century start-up”, we have retained an entrepreneurial spirit, embracing innovation and never resting on our laurels.
Our heritage provides us with both a strong foundation, and a clear vision for the future.”
ALEXANDRE DE ROTHSCHILD — Executive Chairman
> To learn more about our story, visit our website
Anniversaries of 2023
1773
Mayer Amschel Rothschild’s eldest son, Amschel, is born. He will go on to lead our Frankfurt-based business
1803
Mayer Amschel successfully concludes a loan to the King of Denmark. He consequently becomes Crown Agent to the Court of Hesse
1823
We issue loans to the governments of Portugal and France
1833
We issue a 5% loan to the Greek Government, guaranteed by England, France and Russia, to support the establishment of the Greek monarchy
1843
The Rothschild family’s agent arrives in Mexico to create business ties
1863
Government loans issued for Italy and Brazil
1873
We issue government bonds and loans for the US, Russia and Hungary
1883
We issue the Madrid-Zaragoza railway bond following the line’s completion in 1863
1923
Our UK business participates in the Tokyo reconstruction loan to the Japanese Government to help Japan recover from the Great Kanto earthquake
1973
We establish offices in Singapore, Hong Kong and Kuala Lumpur
2003
Our UK and French businesses are merged and reunited under the Chairmanship of David de Rothschild
2023
Rothschild & Co becomes a private company, with the Rothschild family reinforcing its control of the group alongside our senior Partners and like-minded investors
COUNTRIES
49
LOCATIONS
69
Our global scale
We understand the importance of local knowledge and close proximity to our clients in providing exceptional service. The unrivalled scale of our global network enables us to assist our clients wherever they, their business or their assets are.
> For contact details of our offices please visit our website
Our approach to business
Rothschild & Co is a family-controlled group of three established and highly complementary market-leading businesses, united by a shared approach.
Our three businesses have a common approach at their core, which is a unique fusion of our heritage, scale and expertise.
Our common approach creates a differentiated proposition that benefits our clients, partners, stakeholders and colleagues. It helps us to build strong market positions for each of our businesses and supports our group’s sustainable performance and growth.
Our shared approach:
- Client focus – building enduring relationships, remaining highly connected and valuing long-term success
- Excellence – demonstrating deep know-how and breadth of experience, considered and strategic thinking and an innovative and entrepreneurial mindset
- Partnership culture – collaborating, sharing knowledge and opportunities and seeking synergies between businesses
- Strong principles – committed to a culture of integrity and doing the right thing
- Global reach built from local presence – enabling us to fully understand our clients’ ecosystems, and bridge cross-border differences
- Sustainability – a long-term ambition to use our expertise and influence to help facilitate the sustainability transition of the global economy
Our sustainability ambition
We have the long-term ambition to use our expertise and influence to help facilitate the sustainability transition of the global economy.
This ambition is a key pillar of our group strategy and is fundamental to our approach to business. Our environmental, social and governance (ESG) priority framework provides a clear long-term roadmap which considers the key non-financial risks and opportunities across all our activities and locations.
> To learn more about our story, visit our website or read our Sustainability Report
The way we operate our business
31%
REDUCTION IN GREENHOUSE GAS EMISSIONS1
100%
OF REMAINING EMISSIONS TO BE COVERED BY CARBON REMOVAL SOLUTIONS BY 2030
27%
OF OUR ASSISTANT DIRECTORS AND ABOVE ARE WOMEN IN 2023
We have the long-term ambition to use our expertise and influence to help facilitate the sustainability transition of the global economy.
This ambition is a key pillar of our group strategy and is fundamental to our approach to business. Our environmental, social and governance (ESG) priority framework provides a clear long-term roadmap which considers the key non-financial risks and opportunities across all our activities and locations.
> To learn more about our story, visit our website or read our Sustainability Report
The way we operate our business
31%
REDUCTION IN GREENHOUSE GAS EMISSIONS1
100%
OF REMAINING EMISSIONS TO BE COVERED BY CARBON REMOVAL SOLUTIONS BY 2030
27%
OF OUR ASSISTANT DIRECTORS AND ABOVE ARE WOMEN IN 2023
The advice, products and services offered to our clients
One of the leading advisers on global sustainable M&A transactions
- Leading role2 as an adviser on transactions relating to innovative energy and climate transition technology and energy management
- 53 renewables transactions advised on, in the last four years
Sustainable Investment solutions
- 98% of discretionary Assets under Management of open-ended funds are classified as SFDR Article 8 or 9 (excluding dedicated solutions) in Asset Management
- Five funds promoting ESG characteristics classified as SFDR Article 8, 1 SFDR Article 9 –were launched by Five Arrows during 2021, 2022 and 2023
- Asset Management has been a signatory of the Net Zero Asset Managers Initiative since 2021
- Five Arrows has committed to set targets aligned with the Science Based Targets initiative
1 Versus 2018 baseline; against 30% reduction target by 2030 (aligned with trajectory of the Paris Agreement)
2 Source: LSEG Deal Intelligence, Sustainable Finance Review, Full Year 2023: Sustainable Finance: Mergers and Acquisitions, Financial Advisor League Table, by number of transactions
The partners we engage with and the philanthropic support we offer
- Consideration of ESG priorities in partner selection
The advice, products and services offered to our clients
One of the leading advisers on global sustainable M&A transactions
- Leading role2 as an adviser on transactions relating to innovative energy and climate transition technology and energy management
- 53 renewables transactions advised on, in the last four years
Sustainable Investment solutions
- 98% of discretionary Assets under Management of open-ended funds are classified as SFDR Article 8 or 9 (excluding dedicated solutions) in Asset Management
- Five funds promoting ESG characteristics classified as SFDR Article 8, 1 SFDR Article 9 –were launched by Five Arrows during 2021, 2022 and 2023
- Asset Management has been a signatory of the Net Zero Asset Managers Initiative since 2021
- Five Arrows has committed to set targets aligned with the Science Based Targets initiative
1 Versus 2018 baseline; against 30% reduction target by 2030 (aligned with trajectory of the Paris Agreement)
2 Source: LSEG Deal Intelligence, Sustainable Finance Review, Full Year 2023: Sustainable Finance: Mergers and Acquisitions, Financial Advisor League Table, by number of transactions
The partners we engage with and the philanthropic support we offer
- Consideration of ESG priorities in partner selection
Our people
4,623
PEOPLE
69
LOCATIONS
49
COUNTRIES
Our approach to our people is rooted in the family motto and our approach to business. They inform our leadership ethos and the way we hire and develop our colleagues.
For more than 200 years our success has been built upon our people. We place great emphasis on integrity and doing the right thing, on building trust, treating others fairly, and holding ourselves and each other accountable for our decisions and what we do.
We are, at our core, a family-owned business. The enduring role of the family has a lasting influence on our culture. Rothschild & Co is a company of growth, opportunity, entrepreneurialism and development, with many examples of long tenures and dynamic career journeys.
We invest in finding the right colleagues to take our group forward. We hire the best minds and are creative in where we find them, providing market-leading early careers programmes where new joiners can make an important contribution to our business from day one. Once we find the right people, we invest deeply in their professional growth and development. We provide a broad range of learning opportunities that support individuals in building new skills and increasing knowledge at every stage of their careers, including mentoring and wellness support. We recognise that there is no one-size-fits-all approach to career development.
We are like the mechanism of a watch... each part is essential.”
SALOMON VON ROTHSCHILD TO HIS BROTHER NATHAN MAYER — c.1818
> To learn more about working at Rothschild & Co, and for current career opportunities, please visit our website
Our approach to philanthropy
R&Co4Generations is the group’s philanthropic foundation. Its mission is to empower future generations and protect our planet.
We collaborate with organisations that work to address the effects of social and economic inequalities and climate change. We seek to drive change by supporting initiatives and projects across four pillars:
- Championing education, skills and talents to help young people reach their potential
- Cultivating young entrepreneurial mindsets to create agents of social change
- Empowering organisations that are tackling global socio-economic challenges with innovative and game-changing solutions
- Promoting environmental action to protect and enhance communities
> To learn more, visit our website or read the latest R&Co4Generations Progress Report
2023 achievements
At a glance
213,000
BENEFICIARIES SUPPORTED THROUGH CONTRIBUTIONS1 TO OUR CHARITY PARTNERS
54
CHARITY PARTNERS WORKING IN 35 COUNTRIES
62%
OF BENEFICIARIES HAVE NOTABLY IMPROVED THEIR CONFIDENCE, SOFT SKILLS, AND ACADEMIC PERFORMANCE THROUGH PROJECT PARTICIPATION
1/3
OF CHARITY PARTNERS ADDRESSING BIODIVERSITY LOSS AND ENVIRONMENTAL ISSUES
27%
OF COLLEAGUES ENGAGED2 WITH R&CO4GENERATIONS' ACTIVITIES
5,500
HOURS OF COLLEAGUE VOLUNTEERING
359
NOT-FOR-PROFIT ORGANISATIONS BENEFITTING FROM OUR MATCH FUNDING
66
COLLEAGUES SUPPORTING OUR MISSION THROUGH THEIR ROLE ON COMMITTEES
New global flagship partner: WONDER Foundation
In 2023, R&Co4Generations initiated a global partnership with WONDER Foundation. This charity works to empower young women and girls through quality education and research-backed mentoring, helping to close the gender gap and create a fairer, more inclusive world.
Together, we are implementing a three-year project to provide innovative education and mentoring to economically and socially excluded women and girls in Côte d’Ivoire, El Salvador, Guatemala and the Philippines.
Announcing our first Venture Philanthropy investment in the UK
Our global Venture Philanthropy programme leverages investment profits to increase our impact. In 2023, we initiated our first Venture Philanthropy investment in the UK with Redemption Roasters, a specialty prison-based coffee retailer and wholesaler. Through this collaboration, bolstered by significant pro bono contributions from Global Advisory, Five Arrows, and group support colleagues, we are supporting the reintegration of ex-offenders into society disrupting the cycle of reoffending.
The reporting period is 1 January 2023 to 31 December 2023.
The preparation and coordination of the 2023 Progress Report involved members of Rothschild & Co Group entities, the King Baudouin Foundation and R&Co4Generations’ partner charities.
1 Restricted and unrestricted funding
2 Directly interacted with partners through volunteering, giving, and events
