SINGAPORE (Sept 23): Leading private bank UBS has been named the best performer in the Diversified Financial Services and Capital Markets Industry of the Dow Jones Sustainability Index (DJSI) for the fifth straight year.
The index, one of the more widely recognised corporate sustainability rating, is published by S&P Dow Jones Indices – one of the world's largest providers of financial market indices – and sustainable investing specialist RobecoSAM. More than 3,500 of the world’s largest companies are rated.
In this year’s ranking, UBS is not only the industry leader in the overall assessment; it also leads all three dimensions: Economic, Environmental and Social.
Earlier, UBS has announced plans to allocate US$5 billion ($6.9 billion) of client assets into new impact investments dedicated to the United Nations Sustainable Development Goals (UN SDGs) by the end of 2021.
This month, it announced it had raised U$225 million from private clients for an impact investing fund managed by the KKR Global Impact Fund – one of the many impact investments raised.
Other similar impact investments include a 100% sustainable cross-asset portfolio – the first of its kind.
The bank has also committed to rely solely on renewable electricity to run its operations by 2020.
