UBS Europe SE, Luxembourg Branch, is a prominent financial institution headquartered in Luxembourg (LU), with a strong presence across Europe. Established as part of UBS Group AG, a global leader in wealth management, investment banking, and asset management, the Luxembourg Branch plays a crucial role in delivering tailored financial solutions to clients. Founded in 2018, UBS Europe SE has quickly established itself in the competitive financial services industry, focusing on private banking, corporate banking, and investment advisory services. Its unique approach combines innovative financial products with a deep understanding of local markets, ensuring clients receive personalised service. Recognised for its commitment to sustainability and responsible investing, UBS Europe SE has achieved notable milestones, positioning itself as a trusted partner for individuals and institutions seeking comprehensive financial strategies in an ever-evolving landscape.
How does UBS Europe SE, Luxembourg Branch'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 Business Services 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 Europe SE, Luxembourg Branch'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 Europe SE, Luxembourg Branch currently does not report specific carbon emissions data, as no emissions figures are available. However, it is important to note that the branch is part of a larger corporate structure, inheriting climate commitments and performance metrics from its parent company, UBS Group AG, at a cascade level of three. UBS Group AG has engaged in various climate initiatives, including participation in the Carbon Disclosure Project (CDP) and the RE100 initiative, which focuses on sourcing 100% renewable energy. These commitments reflect a broader strategy to enhance sustainability and reduce carbon footprints across its operations. While UBS Europe SE, Luxembourg Branch does not have its own specific reduction targets or climate pledges, it aligns with the overarching goals set by UBS Group AG. This includes a commitment to transparency and accountability in climate-related disclosures, which are essential for tracking progress towards sustainability objectives. In summary, while UBS Europe SE, Luxembourg Branch lacks direct emissions data and specific reduction targets, it is supported by the climate initiatives and performance of UBS Group AG, reinforcing its commitment to addressing climate change within the financial sector.
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 Europe SE, Luxembourg Branch'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 Europe SE, Luxembourg Branch 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.