UBP has formed powerful partnerships, taken on a range of strategic commitments and joined a number leading global and local initiatives over the past decade.
UBP signed up to the United Nations Principles for Responsible Investment (UN PRI) in 2012, an international network of over 3,800 investors and service providers working together to implement six aspirational principles to contribute to a more sustainable global financial system. Over the following years, UBP rolled out its Responsible Investment Policy and worked on integrating ESG issues into its investment processes.
In order to drive collaboration with actors in Switzerland, we joined Swiss Sustainable Finance (SSF) and Sustainable Finance Geneva (SFG) in 2018. In France, UBP Asset Management joined the Forum pour l’Investissement Responsable (FIR).
UBP also works closely with the Investment Leaders Group of the Cambridge Institute for Sustainability Leadership (CISL), a global network of pension funds, insurers and asset managers with over USD 12 trillion in assets under management and advice, who are committed to advancing responsible investment.
In 2019, UBP became an influencer member of Pensions for Purpose to help encourage the flow of capital towards impact investing by building a bridge between asset managers, pension funds and their professional advisors, as well as a founding member of The Big Exchange which aims to contribute to increasing access to investing and saving services.
UBP gave a considerable push to its collaborations in 2020, supporting several new initiatives. By joining the United Nations Global Compact (UNGC), we support the world’s largest corporate sustainability initiative whose mission is to have companies do business responsibly by aligning their strategies and operations with ten principles relating to human rights, labour, the environment and anti-corruption.
As part of our climate commitments, UBP took the Paris Agreement Capital Transition Assessment (PACTA) 2020 climate sustainability test and joined the Task Force on Climate-related Financial Disclosures (TCFD) to contribute towards developing voluntary, consistent climate-related financial risk disclosures by companies. We published our first TCFD Report in 2020. UBP also signed the 2021 Global Investor Statement on the Climate Crisis, which calls on governments to raise their climate ambitions and implement meaningful policies to support investment in climate solutions.
Recently, UBP became a member of the Global Impact Investing Network (GIIN), allowing us to work with others in the relatively new field of impact investing in the listed equity segment.
To further drive our engagement on biodiversity, UBP has signed Business for Nature’s Call to Action, which urges governments to adopt clear and ambitious nature policies, and has joined the Taskforce on Nature-related Financial Disclosures (TNFD) to support the development of a disclosure framework and to act on nature-related risks. UBP is also a member of the Farm Animal Investment Risk & Return (FAIRR) initiative, working with other investors to use their influence as responsible stewards of capital to drive change in the intensive animal-production sector.
Last, UBP recently became a signatory of the UK Stewardship Code, which sets high stewardship standards for those investing on behalf of UK savers and pensioners.