Responsible and sustainable investment
Across our traditional investment areas we have established a general approach and commitment to addressing environmental, social and corporate governance factors.
One example of this commitment is the work our Sustainable Equities team are doing in developing novel systems for use across their SRI investment strategies. These include a leading-edge database of fundamental sustainability data at the company and industry group level that is used alongside our analysts' valuation data to rank the investment universe on both fundamental and sustainability attractiveness. This sustainability data allows investors to measure not just their portfolio's financial gains but also the wider effects of their investments on society.
Sustainable or responsible property investment (RPI) is also a key part of our real estate process. Although our clients' financial objectives are our primary focus, by considering long-term ESG aspects, RPI can also have significant positive effects on the environment.
Discover the range of broad thematic SRI funds and strategies offered by our Sustainable Equities team
In 2009, UBS Asset Management became an Investment Manager signatory to the Principles for Responsible Investment (PRI). This global investor initiative is designed to provide a framework for the better integration of ESG considerations into mainstream investment practice.
We recognize the growing importance of ESG investments on the dynamics of the asset management industry. Increasingly, we see our clients and their consultants focusing on this important aspect of their investments.
In July 2010, the Financial Reporting Council (FRC) published its UK Stewardship Code with the aim of enhancing 'the quality of engagement between institutional investors and companies to help improve long-term returns to shareholders and the efficient exercise of governance responsibilities'.
UBS Asset Management is strongly supportive of the Code. We pride ourselves in putting clients at the heart of everything we do and it is clearly in their best interests for us to exercise our stewardship responsibilities.
In the year to 31 December 2014, UBS Asset Management gave instructions to vote on 74,655 separate resolutions at 7,325 company meetings. The following table indicates how these votes were split regionally.
UBS`s own commitment
UBS is firmly committed to corporate responsibility and actively strives to understand, assess, weigh and address the concerns and expectations of the firm's stakeholders.