Ubs

UBS, a financial intermediation services provider headquartered in CH, is committed to reducing its environmental impact. The company aims for net-zero emissions across its operations and specified scope 3 activities by 2050. In 2025, UBS reported approximately 1.06 billion kg CO2e in total emissions. This figure comprises about 14.69 million kg CO2e for Scope 1, and approximately 9.46 million kg CO2e for Scope 2 (market-based). Scope 3 emissions accounted for the largest portion, totalling around 1.038 billion kg CO2e, with purchased goods and services being the most significant contributor at approximately 835.45 million kg CO2e.

Looking at previous years, in 2024, total emissions were approximately 1.09 billion kg CO2e, with Scope 1 at about 18.64 million kg CO2e and Scope 2 at around 11.65 million kg CO2e (market-based). Scope 3 emissions for 2024 were approximately 1.06 billion kg CO2e. In 2023, total emissions were about 1.40 billion kg CO2e, with Scope 1 at approximately 20.80 million kg CO2e and Scope 2 at around 25.48 million kg CO2e (market-based). Scope 3 emissions for 2023 were approximately 1.35 billion kg CO2e.

UBS has set several reduction targets, including achieving net-zero energy emissions from its own operations (Scopes 1 and 2) by 2025 and cutting energy consumption by 15% by the same year, compared to 2020 levels. The company also aims to reduce the emissions intensity of its lending portfolios. For instance, by 2030, it plans to reduce the emissions intensity associated with lending to cement companies by 15% (compared to 2020 levels) and for power generation portfolios by 60% (compared to 2021 levels). Furthermore, UBS aims to reduce absolute financed emissions for fossil fuels by 70% by 2030, compared to 2021 levels. The company is a founding member of the Net-Zero Banking Alliance (NZBA) and is committed to aligning 20% of UBS Asset Management's total assets under management with net zero by 2030.