This week, UBS made sustainable investments (SI) the preferred recommendation for clients of its $2.6trn global wealth-management business. UBS is the first major financial institution to recommend SI over traditional investments for private clients globally. Managing close to $500bn in core sustainable assets, this reinforces UBS’s almost 25-year track record in sustainable investing across all its business divisions. The Chair of UBS’s Sustainable Finance Committee and the Head of Sustainable and Impact Investing at UBS Global Wealth Management explain the significance of the move.
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