UBS unveils Climate Award framework

UBS has unveiled its Climate Aware framework to help harness private capital to close the climate finance gap. The UBS Climate Aware framework allows investors to position their portfolios for a climate-smart future with currently available data. It contains three key elements:

  • Portfolio mitigation: Lowering investment exposure to carbon risks
  • Portfolio adaptation: Increasing investment exposure to climate-related innovation and solutions
  • Portfolio transition: Aligning portfolios to the chosen climate glidepath

The Climate Aware framework is based on a UBS investment strategy developed in conjunction with a large UK pension fund and launched in 2017.