UBP’s Impact investment franchise continues its growth trajectory, fuelled by the team’s conviction and dedication. The annual Impact Report gives an overview of their activities and achievements in 2025.
Combining case studies, thematic analysis, and data, the report covers insights from the Impact Advisory Board’s discussions, the team’s bilateral and collaborative engagement activities, and thematic and process deep dives.
Among these, one piece showcases how the 2026 Middle East crisis has reframed the conversation about sustainability as a matter of resilience, and goes on to explain how this is playing out across our portfolios.
In the report, the Impact investment team also sets out its new climate framework. Taking a pragmatic and more analytical approach, the framework combines monitoring of portfolio companies’ commitments to net zero under the Science-based Targets initiative (SBTi), engagement with companies who have not yet made a commitment to this, and assessment of these companies’ climate plans.
As in previous years, the report also includes a section on fund reporting for our three impact strategies with fund- and stock-level KPIs.
Combining impact and financial returns
Since UBP launched its first impact fund in 2018, the team has grown from two to nine professionals and its assets under management have reached USD 718 million. This growth reflects a pragmatic strategy focused on resilience and built on a sound framework and process that embody the platform’s dual mandate: impact and financial returns.
With its three strategies – Positive Impact Global Equity, Biodiversity Restoration, and Positive Impact Emerging Equity – as well as the guidance of UBP’s Impact Advisory Board and Biodiversity Committee, UBP has established itself as a leading player in listed equity impact investing.
Last year was the most testing year since the launch of our Impact investment franchise, marked by a political environment increasingly sceptical of sustainability, heightened equity volatility, and a more uncertain macroeconomic backdrop. However, the second part of 2025 saw a significant rebound, benefiting all three strategies.
“Geopolitical developments – ranging from supply-chain realignments and energy security considerations, to heightened regional tensions – reinforced a central lesson: portfolios built on durable fundamentals, real-economy problem-solving, and prudent risk management are well-positioned to navigate shocks.”
Mathieu Nègre, Head of Impact Investments
Find out more in the full Impact Report 2025, which you can access here:
The opinions expressed herein are correct as at 8 July 2026 and are subject to change without notice. This information should not be relied upon by the reader as research or investment advice regarding any particular fund, strategy or security. Past performance is not a guide to current or future results. Any forecast, projection or target, where provided, is indicative only and is not guaranteed in any way.
The views and opinions expressed by fund managers (internal or external) may differ from the house view. They are shared for informational purposes and do not constitute investment advice or a recommendation.
