UBS Group AG

Common Name
UBS Group
Country
Switzerland
Sector
Financial Services
Industry
Banks - Diversified
Employees
119,100
Ticker
UBSG
Exchange
SIX SWISS EXCHANGE
Description
UBS Group AG is a multinational investment bank and financial services company. It primarily operates within the realms of wealth management, investment banking, asset management, and retail banking. ...

UBS Group's Climate Target Data Preview

As of 2024, UBS Group has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 5 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into UBS Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2035
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cementitious Material from Unspecified Activities
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into UBS Group's Greenhouse Gas Emissions Pathways

As of 2024, UBS Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does UBS Group have a target to reduce the emissions from its operations?

As of 2024, UBS Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

UBS Group's most ambitious operational target is to reduce these emissions by 90% by 2035, compared to a baseline of 46,278 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.

As of 2024, UBS Group is ahead of schedule on its operational emissions reduction target, having achieved 38.42% of the planned reduction.

UBS Group's Operational (Scope 1+2) Emissions Pathway

2023202420302035015 k30 k45 k60 kBaselineCurrent (-35%)Target 2030 (-57%)Target 2035 (-90%)

Does UBS Group have a target to reduce the emissions from its value chain?

As of 2024, UBS Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

UBS Group's most ambitious value chain target is to reduce these emissions by 70% by 2030, compared to a baseline of 64,700,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

UBS Group has already surpassed its value chain emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule.

UBS Group's Value Chain (Scope 3) Emissions Pathway

202120232030020 M40 M60 M80 MBaselineCurrent (-80%)
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