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Union Bancaire Privée’s net profit rises by 24.6% to CHF 138.1 million

Research confirms that companies that do not embed sustainability targets into executive remuneration strategies struggle to motivate executives to adopt sustainable practices, leading to misalignment with societal expectations and stakeholder interests.

UBP’s Head of Sustainability, Robert de Guigné, reflects on UBP’s progress in advancing the sustainability agenda since his arrival in August 2022, and outlines what’s next for the Bank as the sustainable finance agenda evolves rapidly in and beyond Switzerland.

UBP’s fourth annual Sustainability Report outlines our sustainability vision and strategy, while providing a transparent account of our progress and achievements along with next steps, covering both investments and operations.

2023 offered a mixed bag for sustainability. While economic anxieties dominated the news cycle, significant strides were made in recognising the interconnectedness of environmental and financial well-being.

Sustainability-related investments in Switzerland returned to a growth path last year after seeing a significant drop between 2021 and 2022.

The importance of performance, the difficulty in putting forward green investments, who will lead UBP tomorrow: these are some of the many topics covered here by the Geneva bank’s CEO, Guy de Picciotto.