Union Bancaire Privée
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Union Bancaire Privée's score of 20 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Union Bancaire Privée's reported carbon emissions
In 2023, Union Bancaire Privée (UBP) reported total carbon emissions of approximately 1,718,776,000 kg CO2e, with Scope 1 and 2 emissions combined amounting to about 77,984,000 kg CO2e. The previous year, 2022, saw total emissions of approximately 1,720,853,000 kg CO2e, indicating a slight decrease in emissions year-on-year. For the years leading up to 2023, UBP's emissions were as follows: in 2021, total emissions were about 2,890,839,000 kg CO2e, and in 2020, they were approximately 2,655,000,000 kg CO2e. The breakdown of emissions for 2022 included Scope 1 emissions of about 558,000 kg CO2e, Scope 2 emissions of approximately 648,000 kg CO2e, and Scope 3 emissions of about 3,749,000 kg CO2e, with business travel contributing approximately 1,399,000 kg CO2e. Despite these figures, UBP has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction targets suggests that while UBP is aware of its emissions, it may not have formalised commitments to reduce them in line with industry standards or climate pledges. Overall, UBP's emissions data reflects a complex landscape of carbon output, with significant Scope 3 emissions indicating areas for potential improvement in sustainability practices.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 894,000 | 000,000 | 000,000 | 000,000 | - |
| Scope 2 | 771,000 | 000,000 | 000,000 | 000,000 | - |
| Scope 3 | 6,052,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to some reduction initiatives 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.
