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 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Union Bancaire Privée (UBP), headquartered in Switzerland (CH), reported its carbon emissions data for the year 2023, with total emissions amounting to approximately 1,718,776,000 kg CO2e. This figure includes emissions from Scope 1 and 2, which total about 77,984,000 kg CO2e. However, detailed Scope 3 emissions data for 2023 is not available. In previous years, UBP's emissions have shown a trend of reduction. For instance, in 2022, the total emissions were approximately 1,720,853,000 kg CO2e, with Scope 1 and 2 emissions at about 85,961,000 kg CO2e. The bank's Scope 3 emissions in 2022 were reported at approximately 3,749,000 kg CO2e, which included significant contributions from business travel. UBP has not disclosed specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for improvement in transparency regarding its sustainability strategies. The bank's emissions data reflects its ongoing efforts to monitor and manage its carbon footprint, aligning with industry standards for climate accountability.
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 | 771,000 | 000,000 | 000,000 | 000,000 | - |
Scope 3 | 6,052,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
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.