UBS Asset Management AG, a prominent player in the global financial services industry, is headquartered in Switzerland (CH). Established in 1862, the firm has evolved into a leading asset manager, serving a diverse clientele across major operational regions, including Europe, the Americas, and Asia-Pacific. Specialising in investment management, UBS Asset Management offers a comprehensive range of services, including equity, fixed income, and alternative investments. Its commitment to sustainable investing sets it apart, as the firm integrates environmental, social, and governance (ESG) criteria into its investment processes. With a strong market position, UBS Asset Management is recognised for its innovative solutions and robust performance, consistently achieving notable milestones in the asset management sector. The firm’s dedication to client-centric strategies and risk management further solidifies its reputation as a trusted partner in wealth creation.
How does UBS Asset Management AG's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
UBS Asset Management AG's score of 80 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
UBS Asset Management AG, headquartered in Switzerland (CH), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The organisation is a current subsidiary of UBS Group AG, which may influence its climate commitments and reporting practices. While UBS Asset Management AG has not outlined specific reduction targets or initiatives, it is important to note that it inherits climate-related commitments from its parent company, UBS Group AG. This includes participation in initiatives such as the Carbon Disclosure Project (CDP) and RE100, both of which are cascaded from UBS Group AG at a level 2 relationship. These initiatives typically focus on transparency in emissions reporting and a commitment to renewable energy, respectively. As of now, UBS Asset Management AG has not specified any Science-Based Targets Initiative (SBTi) reduction targets or other significant climate pledges. The lack of detailed emissions data and reduction initiatives suggests that the firm may still be in the process of developing its specific climate strategy within the broader framework established by UBS Group AG.
Access structured emissions data, company-specific emission factors, and source documents
| 2011 | 2012 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,634,000 | 0,000,000 | 00,000,000 | 00,000,000 | - | - | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 285,000 | 000,000 | - | 000,000,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 | - | - | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
UBS Asset Management AG's Scope 3 emissions, which decreased by 23% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 78% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
UBS Asset Management AG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.