UBS Financial Services Inc., a prominent player in the financial services industry, is headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1862, UBS has evolved into a global leader, offering a comprehensive range of services including wealth management, investment banking, and asset management. The firm is renowned for its innovative approach to financial solutions, catering to both individual and institutional clients. UBS's unique blend of global reach and local expertise positions it favourably in the competitive landscape, allowing it to deliver tailored investment strategies and financial advice. With a strong market presence and a commitment to sustainability, UBS continues to achieve notable milestones, reinforcing its status as a trusted partner in navigating the complexities of the financial world.
How does UBS Financial Services Inc.'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 Financial Services Inc.'s score of 72 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
UBS Financial Services Inc., headquartered in the US, 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-related initiatives and commitments. While UBS Financial Services Inc. has not set specific reduction targets or disclosed emissions data, it is important to note that it inherits climate commitments and performance metrics 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 fourth-level corporate relationship. As part of its broader corporate strategy, UBS Group AG has made significant commitments to sustainability and climate action, which may reflect on UBS Financial Services Inc.'s operational practices. However, without specific emissions data or reduction targets from UBS Financial Services Inc. itself, a detailed assessment of its carbon footprint and climate commitments remains unavailable.
Access structured emissions data, company-specific emission factors, and source documents
| 2011 | 2012 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,634,000 | 0,000,000 | - | - | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 
| Scope 2 | 285,000 | 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 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 
UBS Financial Services Inc.'s Scope 3 emissions, which decreased by 23% last year and increased significantly since 2020, 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 Financial Services Inc. 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.