1. Newsroom
  2. UBP Monaco becomes energy transition player in the Principality
Menu
Corporate 15.05.2020

UBP Monaco becomes energy transition player in the Principality

UBP Monaco becomes energy transition player in the Principality

In line with the UBP Group’s strategy to reduce its environmental footprint, on 18 March UBP Monaco signed the Principality of Monaco’s National Energy Transition Pact.


Created in January 2018, this Pact encourages the various stakeholders based in the Principality (such as institutions, businesses, residents and workers) to play an active role in the nation’s energy transition and to reduce their greenhouse gas emissions. Monaco has set itself the target of reducing its greenhouse gas emissions by 50% by 2030 (compared with 1990) and to become carbon-neutral by 2050.

The National Pact defines three key areas of intervention: transport, waste and energy. Members commit to putting an action plan in place in the year they sign, as well as to raise awareness about the goals of energy transition among their employees and service providers.

To become a signatory of this Pact, UBP Monaco implemented a number of improvements in terms of waste management and energy performance. These included switching to a renewable energy provider, rolling out LED lighting and recycling waste.

This undertaking represents just one of the steps that UBP has taken as part of its corporate social responsibility (CSR) policy. As a family-owned private bank, UBP places responsibility among its fundamental values, and sustainability and future generations at the very heart of its growth model. The UBP Group is convinced that the financial industry has an active role to play in dealing with global social, climate and environmental issues. This conviction is reflected not only in the range of responsible investment solutions that UBP offers but also in the efforts made by the Group to limit its environmental impact.

UBP Monaco

El Masri Serene_150x150.jpg
Sérène El Masri
Site Manager of UBP Monaco


Expertise

Swiss & Global Equities

Why Swiss equities now? This market offers equity investors the stability and agility they need to navigate this volatile period. 

Read more
Expertise

European Equities

European equities offer unrivalled opportunities in terms of breadth of sector and market exposure.

Read more

Meistgelesene News

Corporate 21.09.2020

UBP joins Business for Nature's call to action

Companies around the world are calling for ambitious and collective action on nature by signing up to Business for Nature’s call to action – UBP is now part of them!

Corporate 16.11.2020

Taking a deep breath with freediving champion Guillaume Néry

Multiple world record holder and reigning world freediving champion Guillaume Néry was the guest speaker at UBP’s latest global in-house conference. The Bank regularly invites inspiring figures to share their visions and talk about their unique experiences.

Auch lesenswert

Corporate 16.11.2020

Taking a deep breath with freediving champion Guillaume Néry

Multiple world record holder and reigning world freediving champion Guillaume Néry was the guest speaker at UBP’s latest global in-house conference. The Bank regularly invites inspiring figures to share their visions and talk about their unique experiences.
Corporate 21.09.2020

UBP joins Business for Nature's call to action

Companies around the world are calling for ambitious and collective action on nature by signing up to Business for Nature’s call to action – UBP is now part of them!

Corporate 20.05.2020

Together against Covid-19

UBP has made significant donations to several projects aiming to have a rapid, practical and sustained impact in the current crisis, mainly to help the neediest people in society but also to support medical research and to enable the economy to recover as quickly as possible.