UBS is Recognized as an "A List" Performer
UBS among World Leaders for Corporate Action on Climate Change
UBS has been included in "The A List: The CDP Climate Performance Leadership Index 2014" for its actions to reduce carbon emissions and mitigate the business risks of climate change. UBS is the only Swiss bank to appear on the list.
The index presents 187 listed companies – out of a total of nearly 2,000 companies independently assessed - identified as demonstrating a superior approach to climate change mitigation. It has been produced at the request of 767 investors, who represent more than a third of the world’s invested capital, by CDP. The international not-for-profit organization provides the only global system for companies and cities to measure, disclose, manage and share vital climate change-related information..
At a major event in Munich on 16 October, Barbara Brosius, Vice Chairman, UBS Germany, delivered the key note address to the many company representatives invited by CDP. Rahel Wendelspiess, Environmental and Social Risk, the unit tasked with supervising the implementation of UBS's comprehensive climate change strategy, and Simon Heller, Head In-house Environmental Management, accepted the CDP's award on behalf of the company.
Climate performance leaders of "The A List" index are investing to reduce their greenhouse gas emissions and collectively have reduced their total (absolute) emissions by 33 million metric tons in the past reporting year, while also achieving impressive financial results.
"We are pleased that this year we have been rated highly both in the Dow Jones Sustainability Indexes and in the CDP Climate Performance Leadership Index," said Christian Leitz, UBS Head of Corporate Responsibility Management. "Both recognitions clearly reflect UBS's successful societal activities, not least of course in the environmental sphere."