UBS Group AG
UBS Group's GHG Emissions Data Preview
In 2024, UBS Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
UBS Group has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind UBS Group’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore UBS Group’s data sources below and access millions more through our Disclosure Search.
Insights into UBS Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of UBS Group amounted to 150,452 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of UBS Group decreased by 12.29%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
UBS Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are UBS Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of UBS Group were 18,168 metric tons of CO₂ equivalent (tCO₂e). a
Has UBS Group reduced its Scope 1 emissions over time?
Since 2018, UBS Group's Scope 1 emissions have increased by 57.68%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), UBS Group's Scope 1 emissions decreased by 12.64%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are UBS Group's Scope 2 emissions?
In 2024, UBS Group reported Scope 2 greenhouse gas (GHG) emissions of 12,107 tCO₂e using the market-based method and 132,284 tCO₂e using the location-based method. a
Has UBS Group reduced its Scope 2 emissions over time?
Since 2018, UBS Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 12.37%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), UBS Group's Scope 2 emissions (Location-Based) fell by 12.24% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does UBS Group use for Scope 2 reporting?
In 2024, UBS Group reported its Scope 2 emissions using the market-based method and using the location-based method. a
UBS Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into UBS Group's Value Chain Emissions
In 2024, UBS Group reported 1,045,659 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of UBS Group includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, down from 6 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
UBS Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are UBS Group's Scope 3 emissions?
In 2024, UBS Group reported total Scope 3 emissions of 1,045,659 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has UBS Group reduced its Scope 3 emissions over time?
Since 2018, UBS Group's Scope 3 emissions have increased by 1,364.73%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), UBS Group's Scope 3 emissions decreased by 90.71%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does UBS Group disclose?
In 2024, UBS Group reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of UBS Group's Scope 3 emissions?
In 2024, the largest contributors to UBS Group's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 810,469 tCO₂e (77.51%)
- Employee Commuting (Cat. 7): 110,262 tCO₂e (10.54%)
- Business Travel (Cat. 6): 81,964 tCO₂e (7.84%)
UBS Group's Scope 3 Emissions by Categories
Insights into UBS Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, UBS Group reported Scope 1 greenhouse gas (GHG) emissions of 18,168 tCO₂e and total revenues of USD 36,563 millions. This translates into an emissions intensity of 0.5 tCO₂e per millions USD. a
UBS Group's Scope 1 Emissions Intensity Compared to Peers
How does UBS Group's GHG emissions intensity compare to its peers?
In 2024, UBS Group reported a Scope 1 emissions intensity of 0.5 tCO₂e per millions USD. Compared to the peer group median of 0.39 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does UBS Group rank on GHG emissions intensity within its industry?
In 2024, UBS Group ranked 18 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places UBS Group among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into UBS Group's Total Carbon Footprint
In 2024, UBS Group reported a total carbon footprint of 1,196,111 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 89.53% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to UBS Group's total carbon footprint was Scope 3 emissions, accounting for 87.42% of the company's total carbon footprint, followed by Scope 2 emissions at 11.06%. a