WHATX/ESG_Report · Datasets at Hugging Face

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Note: All employees are entitled to take parental leave as indicated in their local HR policies. This table shows the number of employees that took parental leave as recorded in the UBS HRi system; data aggregation is subject to limitations such as the disparate definitions and permutations of parental leave across the firm and the various leave and absence tools used in the 48 countries in which we operate.
143


Sustainability Report 2022 \| Appendix 4 \| Social 144.
Charitable contributions.
UBS’s overall charitable contributions are measured using the industry-leading Business for Societal Impact (B4SI) framework. This is broken down as follows:
Cash – Direct cash contributions from the firm, including support through its affiliated foundations in Switzerland and the UBS Foundation of Economics in Society at the University of Zurich, as well as contributions to the UBS Optimus Foundation network.1.
Employee time – The cost to UBS of the time that employees spend on community programs during working hours. This is calculated by multiplying the number of volunteer hours during working hours by the average hourly salary.
In-kind – Contributions of products, equipment, services and other non-cash items from the firm to communities. For UBS, this is primarily the cost of making our premises available to our partner charities for events.
Management overheads – The cost associated with the firm’s community impact function, which amounted to USD 6.77 million in 2022. We also categorize our contributions by motivation under the B4SI framework.2.
Community investment – Long-term strategic involvement in community partnerships through our community impact program focused on furthering the economic and social inclusion of those we support through education and the development of skills.
Commercial initiative – Activities in the community that directly support the success of the company by promoting corporate brand identities, and other policies, in partnership with charities and community-based organizations. This includes our contributions to the UBS Optimus Foundation network.
Charitable gifts – Intermittent support to a wide range of good causes in response to the needs of and appeals from charitable and community organizations. This includes our programs to match employee donations.
Contributions by type (in USD million) 2022 2021 2020.
Cash contributions 776.15 58.79 83.18.
Time contributions 115.53 12.85 8.34.
In-kind contributions 00.06 0.06 0.03.
TTotal 91.74 71.70 91.55.
Management costs 66.77 6.01 5.91.
Contributions by motivation (in USD million) Cash Time In-kind TTotal % Motivation.
Community investment 28.40 10.21 0.01 338.62 42%
Commercial initiative 38.24 0 0 338.25 42%
Charitable gift 9.51 5.32 0.05 114.88 16%
Total 76.15 15.53 0.06 91.74 100% 1 All cash contributions shown here are recognized on a cash rather than accrual basis. Separately, we recognize UBS Optimus Foundation contributions on an accrual basis, reflecting committed grants made in the reporting period. The cash contribution does not include contributions totaling USD 1.2 million that are required by law (in India and South Africa). This is consistent with B4SI methodology. 2 Management costs are not included in the categorization by motivation under the B4SI framework.
144


Sustainability Report 2022 \| Appendix 5 \| Other 145.
Appendix 5 – Other.
UBS Sustainability objectives and achievements 2022 and objectives 2023.
Objectives and achievements 2022.
Sustainability and impact For our reporting against our sustainability and impact key mid- and long-term goals, refer to “Our aspirational goals and progress” in the “Strategy” section of this report.
Material GRI topics.
Objectives 2022 Achievements 2022 Status.
Financial Supplement (FS) Product Portfolio;
FS Active Ownership.
Sustainable finance.
Pursue commercial success in sustainable finance by achieving: – Progress toward 2025 aspiration to achieve USD 400 billion invested assets in sustainable investments (SI Focus + Impact Investing).
– 100 green, social, sustainability and sustainability-linked bond mandates.
– Progress on identification of four to five key, medium-term themes (two to three years) where Group Sustainability and Impact can amplify UBS’s opportunity set.
– Evaluate potential for carbon market trading / product activities.
– Innovative sustainable finance products and new capabilities.
Sustainable finance – Increased invested assets in sustainable investments to USD 268 billon (compared with USD 251 billion in 2021).
– We facilitated 77 GSSS1 bond deals globally.
– We are targeting four key objectives in serving our clients: The power of choice; A smooth transition; Safely managing risks and identifying opportunities; Making sustainable finance an everyday topic.
– We co-founded Carbonplace, a technology platform for the voluntary carbon market that has the goal of creating a streamlined and transparent market for our clients. We have been working collaboratively to help deliver on this initiative and launched two pilot transactions in 2022.
– To pursue innovative sustainable finance products and new capabilities: – Made it easier for private clients to access investment products and services, suited to their individual preferences, e.g., through expanded access to our Advice SI and separately managed account (SMA) solutions, and new targeted sustainability and impact offerings. In line with EU regulations for clients in scope, UBS systematically captures clients’ preferences when it comes to sustainable investment (SI).
– Expanded the range of sustainability and impact funds in public and private markets and exchangetraded funds (ETFs) available to private, institutional, and corporate clients.
– Continued to provide customized, tailored, and structured investment solutions for private and institutional investors.
On track 145


Sustainability Report 2022 \| Appendix 5 \| Other 146.
Material GRI topics.
Objectives 2022 Achievements 2022 Status.
GRI 201: Economic Performance.
GRI 302: Energy.
GRI 305: Emissions.
FS Product Portfolio.
FS Active Ownership.
FS Audit.
Planet – Progress toward target of achieving net-zero energy emissions in our own operations (scopes 1 and 2) by 2025.
– Define a systematic approach to identify and invest in credible carbon removal projects.
– Identify next priority sectors and calculate baselines and set decarbonization targets based on science-based pathways.
– Expand green funding opportunities by identifying new product potential.
– Execute the Group Risk Control Climate Risk Program multi-year roadmap addressing regulatory expectations including key deliverables for 2022.
– Execute on 2025 operational environmental targets for GHG, energy, water, paper, and waste (refer to the Appendix for details).
– Execute firm-wide ISO 14001 and ISO 50001 surveillance audit and ensure continued certification by addressing audit findings.
Planet – Reduced net greenhouse gas footprint for scope 1 and 2 emissions by 13% (compared with 20212) and achieved 99% renewable electricity in line with RE100.
– Identified credible long-term partners and contracted more than 80,000 tons of permanent carbon removal certificates.
– Introduced an additional decarbonization target for the cement sector.
– We launched the product UBS Mortgage Energy, for Swiss clients.
– Our Sustainability and Climate Risk Program continued to further develop a multi-year transformation initiative to deliver to regulatory expectations of climate risk into risk management and stress testing frameworks.
– To execute on our 2025 operational environmental targets we: – Reduced energy consumption by 8% compared to 2021.2 – Installed aerator taps, waterless urinals, new mixing valves and WaterSense-certified showerheads.
– Reduced paper consumption per FTE by 8% compared to 20212 through our #zeropaper campaign.
– Eliminated takeaway packaging at selected locations, as part of our efforts to reduce our waste production. This resulted in an elimination of 650,000 single use items per year, which supported the general waste reduction per FTE by 6% compared to 2021.2 – The firm-wide ISO 14001 and ISO 50001 certifications were further verified in 2021 and 2022.
On track 146


Sustainability Report 2022 \| Appendix 5 \| Other 147.
Material GRI topics.
Objectives 2022 Achievements 2022 Status.
FS Product Portfolio;
GRI 405: Diversity and Equal Opportunity;
GRI 406: NonDiscrimination.
People.
DE&I – Progress toward the 2025 aspiration to increase the global female representation at Director level and above to 30%.
– Progress toward the 2025 aspirations to have a 26% of US roles at Director level and above are held by employees from ethnic minorities.
– Progress toward the 2025 aspirations to have a 26% of UK roles at Director level and above are held by employees from ethnic minorities.
– Expand understanding and skill base around inclusive leadership.
– Implement various initiatives to increase physical accessibility in our workplaces and digital accessibility in our online presence.
– Establish a Group DE&I strategy that covers client, supplier, product, and social impact.
– Implement supporting initiatives to hire, develop and promote more women and ethnically diverse talent at all levels of the organization.
Client philanthropy – Ambition to raise USD 175 million in 2022.3 – Reach 5 million beneficiaries globally in 2022 (+4.6 million vs. 2021).4.
Community impact – Engage 30% of global headcount in volunteering, with 50% of volunteer hours being skills-based.
– Support 1.5 million young people and adults to learn and develop skills through our community impact activities (2022-2025).
People.
DE&I – Increased to 27.8% (2021: 26.7%) female representation at Director level and above.
– Increased to 20.4% (2021: 20.1%) ethnic minority representation at Director level and above in the US.

Note: All employees are entitled to take parental leave as indicated in their local HR policies. This table shows the number of employees that took parental leave as recorded in the UBS HRi system; data aggregation is subject to limitations such as the disparate definitions and permutations of parental leave across the firm and the various leave and absence tools used in the 48 countries in which we operate.

143

Sustainability Report 2022 | Appendix 4 | Social 144.

Charitable contributions.

UBS’s overall charitable contributions are measured using the industry-leading Business for Societal Impact (B4SI) framework. This is broken down as follows:

Cash – Direct cash contributions from the firm, including support through its affiliated foundations in Switzerland and the UBS Foundation of Economics in Society at the University of Zurich, as well as contributions to the UBS Optimus Foundation network.1.

Employee time – The cost to UBS of the time that employees spend on community programs during working hours. This is calculated by multiplying the number of volunteer hours during working hours by the average hourly salary.

In-kind – Contributions of products, equipment, services and other non-cash items from the firm to communities. For UBS, this is primarily the cost of making our premises available to our partner charities for events.

Management overheads – The cost associated with the firm’s community impact function, which amounted to USD 6.77 million in 2022. We also categorize our contributions by motivation under the B4SI framework.2.

Community investment – Long-term strategic involvement in community partnerships through our community impact program focused on furthering the economic and social inclusion of those we support through education and the development of skills.

Commercial initiative – Activities in the community that directly support the success of the company by promoting corporate brand identities, and other policies, in partnership with charities and community-based organizations. This includes our contributions to the UBS Optimus Foundation network.

Charitable gifts – Intermittent support to a wide range of good causes in response to the needs of and appeals from charitable and community organizations. This includes our programs to match employee donations.

Contributions by type (in USD million) 2022 2021 2020.

Cash contributions 776.15 58.79 83.18.

Time contributions 115.53 12.85 8.34.

In-kind contributions 00.06 0.06 0.03.

TTotal 91.74 71.70 91.55.

Management costs 66.77 6.01 5.91.

Contributions by motivation (in USD million) Cash Time In-kind TTotal % Motivation.

Community investment 28.40 10.21 0.01 338.62 42%

Commercial initiative 38.24 0 0 338.25 42%

Charitable gift 9.51 5.32 0.05 114.88 16%

Total 76.15 15.53 0.06 91.74 100% 1 All cash contributions shown here are recognized on a cash rather than accrual basis. Separately, we recognize UBS Optimus Foundation contributions on an accrual basis, reflecting committed grants made in the reporting period. The cash contribution does not include contributions totaling USD 1.2 million that are required by law (in India and South Africa). This is consistent with B4SI methodology. 2 Management costs are not included in the categorization by motivation under the B4SI framework.

144

Sustainability Report 2022 | Appendix 5 | Other 145.

Appendix 5 – Other.

UBS Sustainability objectives and achievements 2022 and objectives 2023.

Objectives and achievements 2022.

Sustainability and impact For our reporting against our sustainability and impact key mid- and long-term goals, refer to “Our aspirational goals and progress” in the “Strategy” section of this report.

Material GRI topics.

Objectives 2022 Achievements 2022 Status.

Financial Supplement (FS) Product Portfolio;

FS Active Ownership.

Sustainable finance.

Pursue commercial success in sustainable finance by achieving: – Progress toward 2025 aspiration to achieve USD 400 billion invested assets in sustainable investments (SI Focus + Impact Investing).

– 100 green, social, sustainability and sustainability-linked bond mandates.

– Progress on identification of four to five key, medium-term themes (two to three years) where Group Sustainability and Impact can amplify UBS’s opportunity set.

– Evaluate potential for carbon market trading / product activities.

– Innovative sustainable finance products and new capabilities.

Sustainable finance – Increased invested assets in sustainable investments to USD 268 billon (compared with USD 251 billion in 2021).

– We facilitated 77 GSSS1 bond deals globally.

– We are targeting four key objectives in serving our clients: The power of choice; A smooth transition; Safely managing risks and identifying opportunities; Making sustainable finance an everyday topic.

– We co-founded Carbonplace, a technology platform for the voluntary carbon market that has the goal of creating a streamlined and transparent market for our clients. We have been working collaboratively to help deliver on this initiative and launched two pilot transactions in 2022.

– To pursue innovative sustainable finance products and new capabilities: – Made it easier for private clients to access investment products and services, suited to their individual preferences, e.g., through expanded access to our Advice SI and separately managed account (SMA) solutions, and new targeted sustainability and impact offerings. In line with EU regulations for clients in scope, UBS systematically captures clients’ preferences when it comes to sustainable investment (SI).

– Expanded the range of sustainability and impact funds in public and private markets and exchangetraded funds (ETFs) available to private, institutional, and corporate clients.

– Continued to provide customized, tailored, and structured investment solutions for private and institutional investors.

On track 145

Sustainability Report 2022 | Appendix 5 | Other 146.

Material GRI topics.

Objectives 2022 Achievements 2022 Status.

GRI 201: Economic Performance.

GRI 302: Energy.

GRI 305: Emissions.

FS Product Portfolio.

FS Active Ownership.

FS Audit.

Planet – Progress toward target of achieving net-zero energy emissions in our own operations (scopes 1 and 2) by 2025.

– Define a systematic approach to identify and invest in credible carbon removal projects.

– Identify next priority sectors and calculate baselines and set decarbonization targets based on science-based pathways.

– Expand green funding opportunities by identifying new product potential.

– Execute the Group Risk Control Climate Risk Program multi-year roadmap addressing regulatory expectations including key deliverables for 2022.

– Execute on 2025 operational environmental targets for GHG, energy, water, paper, and waste (refer to the Appendix for details).

– Execute firm-wide ISO 14001 and ISO 50001 surveillance audit and ensure continued certification by addressing audit findings.

Planet – Reduced net greenhouse gas footprint for scope 1 and 2 emissions by 13% (compared with 20212) and achieved 99% renewable electricity in line with RE100.

– Identified credible long-term partners and contracted more than 80,000 tons of permanent carbon removal certificates.

– Introduced an additional decarbonization target for the cement sector.

– We launched the product UBS Mortgage Energy, for Swiss clients.

– Our Sustainability and Climate Risk Program continued to further develop a multi-year transformation initiative to deliver to regulatory expectations of climate risk into risk management and stress testing frameworks.

– To execute on our 2025 operational environmental targets we: – Reduced energy consumption by 8% compared to 2021.2 – Installed aerator taps, waterless urinals, new mixing valves and WaterSense-certified showerheads.

– Reduced paper consumption per FTE by 8% compared to 20212 through our #zeropaper campaign.

– Eliminated takeaway packaging at selected locations, as part of our efforts to reduce our waste production. This resulted in an elimination of 650,000 single use items per year, which supported the general waste reduction per FTE by 6% compared to 2021.2 – The firm-wide ISO 14001 and ISO 50001 certifications were further verified in 2021 and 2022.

On track 146

Sustainability Report 2022 | Appendix 5 | Other 147.

Material GRI topics.

Objectives 2022 Achievements 2022 Status.

FS Product Portfolio;

GRI 405: Diversity and Equal Opportunity;

GRI 406: NonDiscrimination.

People.

DE&I – Progress toward the 2025 aspiration to increase the global female representation at Director level and above to 30%.

– Progress toward the 2025 aspirations to have a 26% of US roles at Director level and above are held by employees from ethnic minorities.

– Progress toward the 2025 aspirations to have a 26% of UK roles at Director level and above are held by employees from ethnic minorities.

– Expand understanding and skill base around inclusive leadership.

– Implement various initiatives to increase physical accessibility in our workplaces and digital accessibility in our online presence.

– Establish a Group DE&I strategy that covers client, supplier, product, and social impact.

– Implement supporting initiatives to hire, develop and promote more women and ethnically diverse talent at all levels of the organization.

Client philanthropy – Ambition to raise USD 175 million in 2022.3 – Reach 5 million beneficiaries globally in 2022 (+4.6 million vs. 2021).4.

Community impact – Engage 30% of global headcount in volunteering, with 50% of volunteer hours being skills-based.

– Support 1.5 million young people and adults to learn and develop skills through our community impact activities (2022-2025).

People.

DE&I – Increased to 27.8% (2021: 26.7%) female representation at Director level and above.

– Increased to 20.4% (2021: 20.1%) ethnic minority representation at Director level and above in the US.