Adapting to a low-carbon economy
Our commitment
Our ambition is to be a global leader in sustainability, which is why we want to support our clients in the transition to a low-carbon world, lead by example in our own operations, and share our lessons learned along the way with the rest of the world.
Michael Baldinger, Chief Sustainability Officer, UBS
We have a clear ambition: to reduce our own emissions and those of our business activities and supply chain, for a lower carbon tomorrow.
What this means
For lending
- We set clear, science-based decarbonization targets
- Further tightened environmental standards for financing carbon-related assets
- Low and continuously reducing exposure to carbon-related assets
For investing
- Founding signatory of the Net Zero Asset Managers Initiative
- Helping our clients achieve net zero emissions in their investment portfolios
For our operations
- Continue to reduce scope 1 and 2 emissions by implementing energy efficiency measures, switching to more sustainable energy sources and using credible market-based instruments
- Targeting to offset historical emissions back to 2000