ESG Ratings Disclosures under the EU ESG Ratings Regulation
The European Union has introduced the EU ESG Ratings Regulation ((EU) 2024/3005), a harmonised framework designed to enhance the transparency, integrity, reliability, and comparability of ESG ratings used within the EU. The Regulation establishes requirements for how ESG ratings are produced, governed and disclosed, with the objective of enabling users — including investors — to better understand what ESG ratings measure, how they are constructed and for which purposes they are used.
UBS Asset Management (UBS AM) develops and uses certain proprietary ESG ratings as part of regulated products and services, where ESG considerations form an integral element of the investment process. As an EU‑regulated financial undertaking, UBS AM may rely on the exemption under Article 2(2)(c) of the EU ESG Ratings Regulation. This means that UBS AM is not subject to the full regime applicable to standalone ESG rating providers, provided that the relevant methodology and transparency disclosures are made publicly available.
This webpage sets out the mandatory disclosures relating to UBS AM proprietary ESG ratings, in line with the EU ESG Ratings Regulation. The information is intended to provide clear insight into the objectives, methodologies, data sources, scope, and limitations of the ESG ratings disclosed in UBS AM marketing communications and product materials.*