Advancing sustainability in the financial sector - UBS's key activities in 2016

Initiative

Focus topic

Role / activity of UBS

Key outcome of initiative in 2016

UN Global Compact (UNGC)

Sustainable Development Goals (SDGs)

Keynote speech by UBS Chairman at UNGC Leaders Summit on the financial sector’s role in implementing the SDGs

Call to action for companies to integrate SDGs in their activities

G20 Green Finance Study Group (GFSG)

Green finance

UBS case study on climate change stress testing presented at GFSG meeting and included in input paper for G20 summit

Input paper Environmental risk analysis by financial institutions – a review of global practice

UN Environment Programme (UNEP)

Sustainable financial system

Member of Swiss team and contributor to Swiss report Proposals for a Roadmap towards a Sustainable Financial System in Switzerland

Report UNEP Inquiry: Design of a Sustainable Financial System

Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD)

Climate change

Member of TCFD and feedback provider on its draft reports

TCFD recommendations

European Financial
Services Round Table (EFR)

Climate change

UBS Chairman signed the Call for a strong, ambitious implementation of the Paris Agreement (Call)
UBS case study on climate change

Call document submitted for the 22nd Conference of the Parties (COP)

Natural Capital Finance Alliance (NCFA)

Natural capital

Project partner to pilot test drought scenarios in bank portfolios

Drought stress testing tool and report under development

Natural Capital Finance Alliance (NCFA)

Natural capital

Member of technical advisory panel

Project launch in Switzerland (hosted by UBS)

National Action Plan (NAP) Switzerland

Human rights

Participant in multi-stakeholder
consultation process

Publication of NAP

Thun Group of Banks

Human rights

Convener of Group

Discussion paper on the implications of UN Guiding Principles 13 and 17 (January 2017)

Organisation for Economic Co-operation and Development (OECD)
 

Due diligence

Member of the advisory board of the OECD Responsible Business Conduct project

OECD paper on responsible business conduct for institutional investors

Principles for Responsible Investing (PRI)

Proxy voting

Co-lead of PRI collaboration platform Exploring the proxy voting chain

Publication of findings

Policy Outlook (POLO) Platform

Sustainability regulation

Co-convener of Platform

Platform’s first annual roundtable

WWF Banking on World Heritage Sites

UNESCO (natural) world heritage sites

Participant in WWF-organized workshops

Assessment of banks' policies wording and implementation