Just released! The first Swiss Climate Scores reports have been launched. The Swiss Climate Scores introduce best practice #transparency for #parisagreement aligned investing.
Introduced in 2022, UBS, working with the Swiss government, has launched the Swiss Climate Scores best practice guidelines to score funds in alignment with the Paris agreement. The scores give investors decision critical transparency and comparability for funds’ climate profiles. Working towards a lower carbon tomorrow.
The goal is to drive Switzerland and its financial markets towards net-zero greenhouse gas emissions by 2050.
“This is needed to honor its obligations under the Paris Agreement of holding the increase in the global temperature to well below 2°C and pursuing efforts to limit it to 1.5°C. Current science indicates that global warming beyond 1.5°C has potentially catastrophic impacts on the natural world and human society.” according to the report.
The Swiss climate scores establish best-practice transparency on the Paris-alignment of financial investments to foster investment decisions that contribute to reaching the climate goals.
Key indicators – Current state
Greenhouse Gas Emissions
Greenhous gas emissions intensity & footprint of portfolio
Exposure to fossil fuel activities
Share of companies in portfolio with activities in coal and other fossil fuels.
Key Indicators – Transition to net zero
Verified commitments to net-zero
Share of companies in portfolio with verified commitments to net-zero and credible interim targets.
Management to net-zero
Investment strategy with a goal to reduce the carbon emissions of the underlying investments. Verified commitment to net-zero.
Credible climate stewardship
Share of companies currently under active climate engagement. Climate votes supported. Membership in a climate engagement initiative.
Global warming potential
The level of global warming that would occur if the global economy acted with the same ambition as the companies in the portfolio.
Read the full details: Swiss Climate Scores
