UBS ESG Presentation Deck
Planet – our targets and progress in 2021
Our priorities
Planet
UBS
Our targets
Set decarbonization targets for 2030 for financing of the fossil fuels, power generation and real
estate sectors (from 2020 levels):
reduce absolute financed emissions associated with UBS loans to fossil fuel companies by 71%;
reduce emissions intensity associated with UBS loans to power generation companies by 49%;
reduce emissions intensity of UBS's commercial real estate lending portfolio by 44%; and
reduce emissions intensity of UBS's residential real estate lending portfolio by 42%.
Align USD 235 billion of invested assets to net zero by 2030 (Asset Management).
Achieve net-zero emissions across discretionary client portfolios by 2050.
Achieve net-zero energy emissions resulting from our own operations (scopes 1 and 2) by 2025; cut
energy consumption by 15% by 2025 (compared with 2020).
Offset historical emissions back to the year 2000 by sourcing carbon offsets (by end 2021) and
offsetting credit delivery and full retirement in registry (by end 2025).
Engage with key vendors on targeting net zero by 2035.
Our progress in 2021
Estimated baselines and development of net-zero-
aligned pathways for the fossil fuel, power generation
and real estate (commercial and residential) sectors.
Established Asset Management baseline covering the
weighted average carbon intensity of the respective
benchmark for each strategy and fund included in our
target.
Expanded discretionary offering with climate
transition-focused solutions and built more detailed
carbon footprint data into our research and reporting
toolkits.
Reduced net greenhouse gas footprint for scope 1
and 2 emissions by 75% and energy consumption by
5% (compared with 2020); continued implementation
of the replacement of fossil fuel heating systems and
investing in credible carbon removal projects;
maintained 100% renewable electricity coverage.
Completed the sourcing process for a portfolio of
transparent carbon offsets from the voluntary carbon
market across a range of project types and
geographies.
Commenced working on understanding and
quantifying the scope 3 emissions in our supply chain.
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