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 Energy Data Preview

In 2023, UBS Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

UBS Group also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, UBS Group also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, UBS Group also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate UBS Group's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Energy Renewability

In 2023, UBS Group consumed a total of 2.87 million Gigajoules of energy across its operations. Of this total, 73.49% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 26.51% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

UBS Group's Energy Renewability Rate

73%

How much of UBS Group's energy consumed is renewable?

In 2023, UBS Group consumed a total of 2.87 million Gigajoules of energy, of which 73.49% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This moderate level of renewable energy adoption indicates that UBS Group is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are UBS Group's energy practices becoming more sustainable?

Since 2019, UBS Group's total energy consumption decreased by 25.09%, including a further 7.97% drop in 2023, highlighting a continued decline in energy use.

Over the same period, the share of renewable energy in UBS Group's consumption increased by 4.46%, showing a recent positive trend in clean energy adoption.

UBS Group's Renewable vs Non-renewable Energy Over Time

2.49 M985.1 k514.9 k2.49 MGigajoules (GJ)20212022202370%70%73%30%30%27%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into UBS Group's Energy Consumption & Production Mix

In 2023, UBS Group disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the UBS Group's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

UBS Group's Energy Consumed by Sources and Technologies

Coal, Hydropower,Nuclear Energy,Other Gaseous Fuel,Other Oil Productsand Other Sources(43.4%)Other Sources(25.1%)Hydropower(16.5%)

What are the main sources and generation technologies behind UBS Group's energy consumption?

In 2023, UBS Group's total energy consumption was primarily sourced from

  • Coal, Hydropower, Nuclear Energy, Other Gaseous Fuel, Other Oil Products and Other Sources (43.44%)
  • Other Sources (25.06%)
  • Hydropower (16.46%)

How diverse is UBS Group’s energy consumption mix?

In 2023, UBS Group consumed energy from 11 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

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