ESG
The ESG Phenomenon: UBS Issues "The Green Inflection Point" White Paper

The latest developments in the ESG space.
The world’s financial services industry can help drive the move
away from greenhouse gases and decarbonise industry and commerce,
a report by says.
While companies, investors, asset managers and financial firms
now recognise the value and importance of transitioning towards a
collective net zero future, more can and must be done, according
to a white paper by the UBS Sustainability and Impact Institute.
Its 56-page paper is called The green inflection point:
Driving decarbonization of the real economy.
The paper, containing examples of specific initiatives, and
interviews with various businesses and organisations such as
Swire Properties in Hong Kong and PT Impack Pratama Industri,
Indonesia, came out while the COP27 conference on climate
change in Egypt was underway.
“The first steps have been taken towards decarbonisation but
we’re now at a critical inflection point. The next green wave is
on the horizon and further establishing and developing effective
collaborative frameworks, targeted engagement, partnerships and
innovative financial approaches will be essential if we are to
capture the opportunities and achieve real, measurable and
positive impact in the climate transition,” Mike Ryan, head of
UBS’s Sustainability and Impact Institute, said.
The paper concludes that the financial sector has an opportunity
to create partnerships, innovate impactful and exciting financing
options, mobilise capital in all its forms and create solutions
to accelerate decarbonisation of the real economy more quickly
and more efficiently.
The Institute was founded in 2021. Ryan is divisional vice
chairman for Global Wealth Management, and formerly GWM chief
investment officer for the Americas.