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ubs postpones net-zero target to 2035 amid credit suisse integration challenges

UBS has postponed its net-zero emissions target from 2025 to 2035, citing integration with Credit Suisse and updated regulatory guidance. The firm aims for a 57% reduction in Scope 1 and 2 emissions by 2030, increasing to 90% by 2035, while focusing on energy efficiency and renewable electricity. Additionally, UBS will reassess its Asset Management division's net-zero alignment goal, with only 3.6% of its assets currently covered under this ambition.
edie
United States Dollar Credit Suisse Strategic Income I CHE Kaya Axelsson Rishi Madlani
Finance & Economy, News Article
11:41 19.03.2025
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