In this year’s ranking, UBS is not only the industry leader in the overall assessment; it also leads all three dimensions: Economic, Environmental and Social.
Earlier, UBS has announced plans to allocate US$5 billion ($6.9 billion) of client assets into new impact investments dedicated to the United Nations Sustainable Development Goals (UN SDGs) by the end of 2021.
This month, it announced it had raised U$225 million from private clients for an impact investing fund managed by the KKR Global Impact Fund – one of the many impact investments raised.
Other similar impact investments include a 100% sustainable cross-asset portfolio – the first of its kind.
The bank has also committed to rely solely on renewable electricity to run its operations by 2020.
