Union Bancaire Privée (UBP) is a prominent Swiss private bank headquartered in Geneva, Switzerland (CH). Established in 1969, UBP has built a strong reputation in wealth management and private banking, serving a diverse clientele across Europe, Asia, and the Americas. The bank offers a range of core services, including asset management, private banking, and institutional services, distinguished by its client-centric approach and tailored investment solutions. UBP's commitment to sustainable investing and innovative financial strategies has positioned it as a leader in the industry. With a focus on long-term relationships and a robust financial foundation, Union Bancaire Privée continues to achieve notable milestones, reinforcing its status as a trusted partner for high-net-worth individuals and institutions worldwide.
How does Union Bancaire Privée'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.
Union Bancaire Privée's score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Union Bancaire Privée (UBP) reported total carbon emissions of approximately 5,120,000 kg CO2e, comprising 677,000 kg CO2e from Scope 1 and 878,000 kg CO2e from Scope 2 emissions. This marked a slight increase from 2022, when total emissions were about 4,955,000 kg CO2e, with Scope 1 emissions at 558,000 kg CO2e and Scope 2 emissions at 1,453,000 kg CO2e. UBP has set ambitious climate commitments, aiming for a 25% reduction in its carbon footprint by 2025, using 2019 as the baseline year. This target encompasses both Scope 1 and Scope 2 emissions and focuses on sourcing renewable energy, enhancing energy efficiency in buildings, and minimising business travel. The bank systematically tracks its emissions sources and implements reduction measures across all emission scopes to achieve these goals. Overall, UBP's commitment to sustainability reflects its proactive approach to addressing climate change and reducing its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 894,000 | 000,000 | - | 000,000 | 000,000 |
Scope 2 | 1,521,000 | 0,000,000 | - | 0,000,000 | 000,000 |
Scope 3 | - | - | - | - | - |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Union Bancaire Privée is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.