As long-term investors, we take our responsibility to address climate risks seriously. We have taken a number of steps to highlight and reduce emissions across our portfolio and develop sustainable solutions for clients.

We believe that SI can result in better overall risk-adjusted outcomes for clients by primarily protecting against downside risks associated with Environmental, Social, and Governance (ESG) related issues. Sustainable investing is grounded in the broader use of ESG information in the investment analysis process and the belief that such information can lead to better informed investment decisions. By identifying long-term investment opportunities, anticipating and managing financially material risks, engaging with the relevant third parties, and creating products and services that take into account ESG considerations, we believe our investments will be more successful in the longer term and will positively impact society and the environment.

UBS has recently set out its ambitions for the future, with the publication of the Group’s Net Zero statement. This provides a detailed road map to take our firm to net-zero carbon emissions by 2050. And, as a founding member of the newly launched Net Zero Asset Managers Initiative and the Net Zero Banking Alliance, we’ll partner with peers to identify the fastest and most effective routes towards a net-zero global economy. This commitment is one of many that we have made to help our clients effect real change, directing more capital to the transition towards a lower-carbon future.