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Pioneering thought leadership and constructive discussion to shape a more sustainable economy
Latest from the Institute
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Nature positive starts with agriculture
Article by Eric Wilburn
Meeting nature goals is only possible with farmers in the room
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The focus shifts from risk to the upside possibilities of ESG
Interview with Vicki Kalb
The head of UBS’s investment bank ESG research talks about how investor thinking around ESG has evolved as well as the dangers of ill-thought sustainability solutions.
Read the interview -
Addressing Africa’s environmental data scarcity is key
Interview with Kate Kallot
Kate Kallot founded a company, Amini, to address the shortage of trustworthy, inexpensive environmental data for Africa. Time magazine rated her one of the 100 most influential people in AI in 2023.
Read the interview -
The art of persuasion: Steering toward sustainable solutions
Article by Laura Kim
It’s tricky to convince people to live environment-friendly lives, but persuasive design works alongside, not against, human behaviors to make sustainable habits stick.
Read the article -
Sometimes the best way to protect nature is to leave it alone
Interview with Diana Soldo
An ecologist offers her perspective that every individual needs to gain a greater understanding of ecosystems to protect them, and that the best way to do so often entails doing nothing.
Read the interview -
We need to talk more about failure and learn from it
Interview with Nalini Tarakeshwar
For philanthropy to succeed, it is important to learn from unsuccessful endeavors as well as investments that work. Encouraging collaboration among wealthy individuals is part of that process.
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The secret (and not so secret) benefits of corporate volunteering
Blog by Curdin Duschletta
Employee volunteering is a triple win: There is the apparent benefit for society; and if done properly, employees and companies also stand to gain from being engaged in and for the community.
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Statistic of the week
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0 billion USD
The approximate value of fish estimated to be caught each year by illegal, unreported, and unregulated members of the fishing industry, according to the UN
- 520 million people worldwide rely on fishing and related activities to make a living, but illegal fishing threatens the economy and food supply of coastal communities
- Illegal fishing results in the fast decline of key fish stocks as well as endangering many species
- Global action is needed. In 2022, 55 members in the WTO reached an inital deal to prohibit harmful fishing subsidies and reduce overfishing. Continuing to build on this deal will positively contribute to equitable growth and the empowerment of those who rely on the oceans for their livelihood
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About the Institute
The optimistic, humble convenor
The UBS Sustainability and Impact Institute
provides our best thinking on the world’s most
important sustainability challenges. It convenes
a diverse group of leading voices to explore
these problems and propose potential solutions,
and in so doing seeks to catalyze collective
action and capital toward a more sustainable
future. The Institute was established in 2021 to
support UBS’s ambition to become a global leader
in sustainability. It aspires to be the priority
source for information and knowledge on
macroeconomic trends that relate to
sustainability and impact and to provide a
platform for constructive discussion by engaging
investors, regulators, academics, and
businesses.
The Institute Forum
The Institute also established the Institute Forum
to promote objective, fact-based debate with both
internal and external experts on the most critical
issues and trends related to the future of
sustainability and impact. The Forum brings
together a dynamic network of leaders and subject
matter experts within their fields across the
scientific, health care, public policy, academic
and activist communities. Selected for their
particular areas of expertise and differing
approaches to problem solving, they all share a
common and unwavering commitment to advancing the
field of sustainability.
Sir Partha Sarathi Dasgupta
Sir Partha Sarathi Dasgupta, the Frank Ramsey Professor Emeritus of Economics at the University of Cambridge. His research has covered welfare and development economics and the economics of technological change.
Professor Dasgupta is Frank Ramsey Professor Emeritus of Economics at the Faculty of Economics of the University of Cambridge. He boasts a career of over 30 years studying how best to harmonize economic growth with the biosphere and led the creation of the 2021 UK government report ‘The Economics of Biodiversity: The Dasgupta Review’. The report analyzed the importance of nature to economies and societies, and its conclusions helped create ‘natural capital’ as an economic concept.
Katharine Hayhoe
Katharine Hayhoe, Professor of Political Science at Texas Tech University and the founder of ATMOS Research, a group which provides state-of-theartanalysis on climate-related data to enable non-profit organizations, cities, states, businesses, and federal agencies to build resilience and preparefor a changing climate. Katharine was named as one of TIME’s 100 Most Influential People in 2021.
Katharine Hayhoe is an atmospheric scientist
whose research focuses on understanding the
impacts of climate change on people and the
planet. She is the Chief Scientist for The
Nature Conservancy and a Horn Distinguished
Professor and Endowed Professor of Public
Policy and Public Law at Texas Tech
University. She has served as a lead author
for the Second, Third, and Fourth U.S.
National Climate Assessments and her work
has resulted in over 125 peer-reviewed
papers, abstracts, and other publications.
She has been named to lists including the
TIME 100 Most Influential People and
Fortune's 50 World's Greatest Leaders,
received a number of awards including the
National Center for Science Education’s
Friend of the Planet Award, the American
Geophysical Union’s Climate Communication
Prize and Ambassador Award, and the Sierra
Club’s Distinguished Service Award, and is a
United Nations Champion of the Earth in
Science and Innovation.
Fiona Reynolds
Fiona Reynolds, Chair of the UN Global Compact
Network Australia. She is a former CEO of
Conexus Financial and the UN’s Principles for
Responsible Investment, from 2013 – 2022. During
Fiona’s time as CEO the organization’s
membership grew to over 5,000 firms representing
over USD140 trillion in assets under
management.
Fiona Reynolds, Chair of the UN Global Compact Network Australia. She is a former CEO of Conexus Financial and the UN’s Principles for Responsible Investment, from 2013 – 2022. During Fiona’s time as CEO the organization’s membership grew to over 5,000 firms representing over USD140 trillion in assets under management.
Peter Bakker
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
Sir Partha Sarathi Dasgupta
Sir Partha Sarathi Dasgupta, the Frank Ramsey Professor Emeritus of Economics at the University of Cambridge. His research has covered welfare and development economics and the economics of technological change.
Professor Dasgupta is Frank Ramsey Professor Emeritus of Economics at the Faculty of Economics of the University of Cambridge. He boasts a career of over 30 years studying how best to harmonize economic growth with the biosphere and led the creation of the 2021 UK government report ‘The Economics of Biodiversity: The Dasgupta Review’. The report analyzed the importance of nature to economies and societies, and its conclusions helped create ‘natural capital’ as an economic concept.
Katharine Hayhoe
Katharine Hayhoe, Professor of Political Science at Texas Tech University and the founder of ATMOS Research, a group which provides state-of-theartanalysis on climate-related data to enable non-profit organizations, cities, states, businesses, and federal agencies to build resilience and preparefor a changing climate. Katharine was named as one of TIME’s 100 Most Influential People in 2021.
Katharine Hayhoe is an atmospheric scientist
whose research focuses on understanding the
impacts of climate change on people and the
planet. She is the Chief Scientist for The
Nature Conservancy and a Horn Distinguished
Professor and Endowed Professor of Public
Policy and Public Law at Texas Tech
University. She has served as a lead author
for the Second, Third, and Fourth U.S.
National Climate Assessments and her work
has resulted in over 125 peer-reviewed
papers, abstracts, and other publications.
She has been named to lists including the
TIME 100 Most Influential People and
Fortune's 50 World's Greatest Leaders,
received a number of awards including the
National Center for Science Education’s
Friend of the Planet Award, the American
Geophysical Union’s Climate Communication
Prize and Ambassador Award, and the Sierra
Club’s Distinguished Service Award, and is a
United Nations Champion of the Earth in
Science and Innovation.
Fiona Reynolds
Fiona Reynolds, Chair of the UN Global Compact
Network Australia. She is a former CEO of
Conexus Financial and the UN’s Principles for
Responsible Investment, from 2013 – 2022. During
Fiona’s time as CEO the organization’s
membership grew to over 5,000 firms representing
over USD140 trillion in assets under
management.
Fiona Reynolds, Chair of the UN Global Compact Network Australia. She is a former CEO of Conexus Financial and the UN’s Principles for Responsible Investment, from 2013 – 2022. During Fiona’s time as CEO the organization’s membership grew to over 5,000 firms representing over USD140 trillion in assets under management.
Peter Bakker
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
Sir Partha Sarathi Dasgupta
Sir Partha Sarathi Dasgupta, the Frank Ramsey Professor Emeritus of Economics at the University of Cambridge. His research has covered welfare and development economics and the economics of technological change.
Professor Dasgupta is Frank Ramsey Professor Emeritus of Economics at the Faculty of Economics of the University of Cambridge. He boasts a career of over 30 years studying how best to harmonize economic growth with the biosphere and led the creation of the 2021 UK government report ‘The Economics of Biodiversity: The Dasgupta Review’. The report analyzed the importance of nature to economies and societies, and its conclusions helped create ‘natural capital’ as an economic concept.
Katharine Hayhoe
Katharine Hayhoe, Professor of Political Science at Texas Tech University and the founder of ATMOS Research, a group which provides state-of-theartanalysis on climate-related data to enable non-profit organizations, cities, states, businesses, and federal agencies to build resilience and preparefor a changing climate. Katharine was named as one of TIME’s 100 Most Influential People in 2021.
Katharine Hayhoe is an atmospheric scientist
whose research focuses on understanding the
impacts of climate change on people and the
planet. She is the Chief Scientist for The
Nature Conservancy and a Horn Distinguished
Professor and Endowed Professor of Public
Policy and Public Law at Texas Tech
University. She has served as a lead author
for the Second, Third, and Fourth U.S.
National Climate Assessments and her work
has resulted in over 125 peer-reviewed
papers, abstracts, and other publications.
She has been named to lists including the
TIME 100 Most Influential People and
Fortune's 50 World's Greatest Leaders,
received a number of awards including the
National Center for Science Education’s
Friend of the Planet Award, the American
Geophysical Union’s Climate Communication
Prize and Ambassador Award, and the Sierra
Club’s Distinguished Service Award, and is a
United Nations Champion of the Earth in
Science and Innovation.
Fiona Reynolds
Fiona Reynolds, Chair of the UN Global Compact
Network Australia. She is a former CEO of
Conexus Financial and the UN’s Principles for
Responsible Investment, from 2013 – 2022. During
Fiona’s time as CEO the organization’s
membership grew to over 5,000 firms representing
over USD140 trillion in assets under
management.
Fiona Reynolds, Chair of the UN Global Compact Network Australia. She is a former CEO of Conexus Financial and the UN’s Principles for Responsible Investment, from 2013 – 2022. During Fiona’s time as CEO the organization’s membership grew to over 5,000 firms representing over USD140 trillion in assets under management.
Peter Bakker
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
Sir Partha Sarathi Dasgupta
Sir Partha Sarathi Dasgupta, the Frank Ramsey Professor Emeritus of Economics at the University of Cambridge. His research has covered welfare and development economics and the economics of technological change.
Professor Dasgupta is Frank Ramsey Professor Emeritus of Economics at the Faculty of Economics of the University of Cambridge. He boasts a career of over 30 years studying how best to harmonize economic growth with the biosphere and led the creation of the 2021 UK government report ‘The Economics of Biodiversity: The Dasgupta Review’. The report analyzed the importance of nature to economies and societies, and its conclusions helped create ‘natural capital’ as an economic concept.
Katharine Hayhoe
Katharine Hayhoe, Professor of Political Science at Texas Tech University and the founder of ATMOS Research, a group which provides state-of-theartanalysis on climate-related data to enable non-profit organizations, cities, states, businesses, and federal agencies to build resilience and preparefor a changing climate. Katharine was named as one of TIME’s 100 Most Influential People in 2021.
Katharine Hayhoe is an atmospheric scientist
whose research focuses on understanding the
impacts of climate change on people and the
planet. She is the Chief Scientist for The
Nature Conservancy and a Horn Distinguished
Professor and Endowed Professor of Public
Policy and Public Law at Texas Tech
University. She has served as a lead author
for the Second, Third, and Fourth U.S.
National Climate Assessments and her work
has resulted in over 125 peer-reviewed
papers, abstracts, and other publications.
She has been named to lists including the
TIME 100 Most Influential People and
Fortune's 50 World's Greatest Leaders,
received a number of awards including the
National Center for Science Education’s
Friend of the Planet Award, the American
Geophysical Union’s Climate Communication
Prize and Ambassador Award, and the Sierra
Club’s Distinguished Service Award, and is a
United Nations Champion of the Earth in
Science and Innovation.
Fiona Reynolds
Fiona Reynolds, Chair of the UN Global Compact
Network Australia. She is a former CEO of
Conexus Financial and the UN’s Principles for
Responsible Investment, from 2013 – 2022. During
Fiona’s time as CEO the organization’s
membership grew to over 5,000 firms representing
over USD140 trillion in assets under
management.
Fiona Reynolds, Chair of the UN Global Compact Network Australia. She is a former CEO of Conexus Financial and the UN’s Principles for Responsible Investment, from 2013 – 2022. During Fiona’s time as CEO the organization’s membership grew to over 5,000 firms representing over USD140 trillion in assets under management.
Peter Bakker
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
Sir Partha Sarathi Dasgupta
Sir Partha Sarathi Dasgupta, the Frank Ramsey Professor Emeritus of Economics at the University of Cambridge. His research has covered welfare and development economics and the economics of technological change.
Professor Dasgupta is Frank Ramsey Professor Emeritus of Economics at the Faculty of Economics of the University of Cambridge. He boasts a career of over 30 years studying how best to harmonize economic growth with the biosphere and led the creation of the 2021 UK government report ‘The Economics of Biodiversity: The Dasgupta Review’. The report analyzed the importance of nature to economies and societies, and its conclusions helped create ‘natural capital’ as an economic concept.
Katharine Hayhoe
Katharine Hayhoe, Professor of Political Science at Texas Tech University and the founder of ATMOS Research, a group which provides state-of-theartanalysis on climate-related data to enable non-profit organizations, cities, states, businesses, and federal agencies to build resilience and preparefor a changing climate. Katharine was named as one of TIME’s 100 Most Influential People in 2021.
Katharine Hayhoe is an atmospheric scientist
whose research focuses on understanding the
impacts of climate change on people and the
planet. She is the Chief Scientist for The
Nature Conservancy and a Horn Distinguished
Professor and Endowed Professor of Public
Policy and Public Law at Texas Tech
University. She has served as a lead author
for the Second, Third, and Fourth U.S.
National Climate Assessments and her work
has resulted in over 125 peer-reviewed
papers, abstracts, and other publications.
She has been named to lists including the
TIME 100 Most Influential People and
Fortune's 50 World's Greatest Leaders,
received a number of awards including the
National Center for Science Education’s
Friend of the Planet Award, the American
Geophysical Union’s Climate Communication
Prize and Ambassador Award, and the Sierra
Club’s Distinguished Service Award, and is a
United Nations Champion of the Earth in
Science and Innovation.
Fiona Reynolds
Fiona Reynolds, Chair of the UN Global Compact
Network Australia. She is a former CEO of
Conexus Financial and the UN’s Principles for
Responsible Investment, from 2013 – 2022. During
Fiona’s time as CEO the organization’s
membership grew to over 5,000 firms representing
over USD140 trillion in assets under
management.
Fiona Reynolds, Chair of the UN Global Compact Network Australia. She is a former CEO of Conexus Financial and the UN’s Principles for Responsible Investment, from 2013 – 2022. During Fiona’s time as CEO the organization’s membership grew to over 5,000 firms representing over USD140 trillion in assets under management.
Peter Bakker
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
Sir Partha Sarathi Dasgupta
Sir Partha Sarathi Dasgupta, the Frank Ramsey Professor Emeritus of Economics at the University of Cambridge. His research has covered welfare and development economics and the economics of technological change.
Professor Dasgupta is Frank Ramsey Professor Emeritus of Economics at the Faculty of Economics of the University of Cambridge. He boasts a career of over 30 years studying how best to harmonize economic growth with the biosphere and led the creation of the 2021 UK government report ‘The Economics of Biodiversity: The Dasgupta Review’. The report analyzed the importance of nature to economies and societies, and its conclusions helped create ‘natural capital’ as an economic concept.
Katharine Hayhoe
Katharine Hayhoe, Professor of Political Science at Texas Tech University and the founder of ATMOS Research, a group which provides state-of-theartanalysis on climate-related data to enable non-profit organizations, cities, states, businesses, and federal agencies to build resilience and preparefor a changing climate. Katharine was named as one of TIME’s 100 Most Influential People in 2021.
Katharine Hayhoe is an atmospheric scientist
whose research focuses on understanding the
impacts of climate change on people and the
planet. She is the Chief Scientist for The
Nature Conservancy and a Horn Distinguished
Professor and Endowed Professor of Public
Policy and Public Law at Texas Tech
University. She has served as a lead author
for the Second, Third, and Fourth U.S.
National Climate Assessments and her work
has resulted in over 125 peer-reviewed
papers, abstracts, and other publications.
She has been named to lists including the
TIME 100 Most Influential People and
Fortune's 50 World's Greatest Leaders,
received a number of awards including the
National Center for Science Education’s
Friend of the Planet Award, the American
Geophysical Union’s Climate Communication
Prize and Ambassador Award, and the Sierra
Club’s Distinguished Service Award, and is a
United Nations Champion of the Earth in
Science and Innovation.
Fiona Reynolds
Fiona Reynolds, Chair of the UN Global Compact
Network Australia. She is a former CEO of
Conexus Financial and the UN’s Principles for
Responsible Investment, from 2013 – 2022. During
Fiona’s time as CEO the organization’s
membership grew to over 5,000 firms representing
over USD140 trillion in assets under
management.
Fiona Reynolds, Chair of the UN Global Compact Network Australia. She is a former CEO of Conexus Financial and the UN’s Principles for Responsible Investment, from 2013 – 2022. During Fiona’s time as CEO the organization’s membership grew to over 5,000 firms representing over USD140 trillion in assets under management.
Peter Bakker
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
Peter Bakker, President & CEO at the World Business Council for Sustainable Development. Peter leads a community of over 200 sustainablebusinesses working collectively to accelerate the journey to net zero.
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It is important that you understand the ways in which we conduct business and that you carefully read the agreements and disclosures that we provide about the products or services we offer. For more information, please review client relationship summary provided at ubs.com/relationshipsummary. There are two sources of UBS research. Reports from the first source, UBS CIO Wealth Management Research, are designed for individual investors and are produced by UBS Wealth Management Americas (which includes UBS Financial Services Inc.) and UBS Wealth Management. The second research source is UBS Investment Research, and its reports are produced by UBS Investment Bank, whose primary business focus is institutional investors. The two sources operate independently and may therefore have different recommendations. The various research content provided does not take into account the unique investment objectives, financial situation or particular needs of any specific individual investor. 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Mexico: Banco Credit Suisse (México), S.A., Institución de Banca Múltiple, Grupo Financiero Credit Suisse (México) and C. Suisse Asesoría México, S.A. de C.V. (“Credit Suisse Mexico”). This document is elaborated for information purposes only and does not constitute a recommendation, advice or an invitation to execute any operation and does not replace direct communication with your relationship manager at Credit Suisse Mexico before the execution of any investment. The people who elaborated this document do not receive payment or compensation from any entity of the Banco de Madrid other than the one employing them. The prospectuses, offering documentation, term sheets, investment regimes, annual reports and periodical financial information contained useful information for investors. Such documents can be obtained without any cost, directly from the issuer of securities and investment fund managers or at the securities and stock market web page, as well as from your relationship manager at Credit Suisse Mexico. The information herein does not substitutes the Account Statements, the INFORME DE OPERACIONES or/ and confirmations you receive from Credit Suisse Mexico pursuant to the General Rules applicable to financial institutions and other persons that provide investment services. C. Suisse Asesoría México, S.A. de C.V., is an investment advisor duly incorporated under the Securities Market Law (“LMV”) and is registered before the National Banking and Securities Commission (“CNBV”) under folio number 30070 and therefore is not a bank, is not authorized to receive deposits nor to custody any securities, is not part of Grupo Financiero Credit Suisse (México), S.A. de C.V.. Under the provisions of the LMV, C. Suisse Asesoría México, S.A. de C.V. is not an independent investment advisor pursuant to its relationship with Credit Suisse AG, a foreign financial institution, and its indirect relationship with Grupo Financiero Credit Suisse (Mexico), S.A. de C.V. The people who produced this document do not receive payment or compensation from any entity of the Banco de Madrid other than the one employing them. Portugal: This report is distributed by Credit Suisse (Luxembourg) S.A., Sucursal em Portugal (the “Portugal branch”) which is a branch of Credit Suisse (Luxembourg) S.A., a duly authorized credit institution in the Grand Duchy of Luxembourg with registered address 5, rue Jean Monnet, L-2180 Luxembourg. The Portugal branch is subject to the prudential supervision of the Luxembourg supervisory authority, the Commission de Surveillance du Secteur Financier (CSSF), and of the Portuguese supervisory authority, the Comissão do Mercado dos Valores Mobiliários (CMVM). 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Credit Suisse Saudi Arabia’s principal place of business is at King Fahad Road, Hay Al Mhamadiya, 12361- 6858 Riyadh, Saudi Arabia. Website: https://www.credit-suisse.com/sa. Singapore: This material is distributed in Singapore by Credit Suisse AG, Singapore Branch, which is licensed by the Monetary Authority of Singapore under the Banking Act (Cap. 19) to carry on banking business. This material has been prepared and issued for distribution in Singapore to institutional investors, accredited investors and expert investors (each as defined under the Financial Advisers Regulations (the “FAR”)) only. By virtue of your status as an institutional investor, accredited investor or expert investor, Credit Suisse AG, Singapore Branch is exempted from complying with certain requirements under the Financial Advisers Act, Chapter 110 of Singapore (the “FAA”), the FAR and the relevant Notices and Guidelines issued thereunder, in respect of any financial advisory service which Credit Suisse AG, Singapore Branch may provide to you. These include exemptions from complying with: (i) Section 25 of the FAA (pursuant to Regulation 33(1) of the FAR); (ii) Section 27 of the FAA (pursuant to Regulation 34(1) of the FAR); and (iii) Section 36 of the FAA (pursuant to Regulation 35(1) of the FAR). Singapore recipients should contact Credit Suisse AG, Singapore Branch for any matters arising from, or in connection with, this material including the Appendix, where applicable. 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Therefore recommendations may not be suitable for your financial status or risk and yield preferences. For this reason, making an investment decision only by relying on the information given herein may not give rise to results that fit your expectations. This report is distributed by Credit Suisse Istanbul Menkul Degerler Anonim Sirketi, regulated by the Capital Board of Türkiye, with its registered address at Levazim Mahallesi, Koru Sokak No. 2 Zorlu Center Terasevler No. 61 34340 Besiktas/ Markets Istanbul-Türkiye. United Kingdom: This material is distributed by Credit Suisse (UK) Limited. Credit Suisse (UK) Limited, is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. 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Important Information About
Sustainable Investing: An increasing number of products
and services are using terms or labels
related to sustainable investments.
However, industry standards and
terminology related to sustainable
investments will differ and are
evolving. Therefore, you should
carefully review the offering
materials to understand why a
particular product or strategy may or
may not be classified as a sustainable
investment and if their approach
aligns with your goals and objectives.
At UBS, we continue to develop our own
standards and a framework for
sustainable investing. However we do
not review every product to determine
consistency with our standards, nor do
all products that we make available
align with our approach.
At UBS, we believe sustainable
investment strategies should have an
explicit focus on sustainability
objectives or outcomes. Sustainable
investments across geographies and
styles approach the integration of
environmental, social and governance
(ESG) factors and other sustainability
considerations and incorporate the
findings in a variety of ways.
Sustainable investing-related
strategies may or may not result in
favorable investment performance and
the strategy may forego favorable
market opportunities in order to
adhere to sustainable
investing-related strategies or
mandates. Issuers may not necessarily
meet high performance standards on all
aspects of ESG or other sustainability
considerations. In addition, there is
no guarantee that a product’s
sustainable investing-related strategy
will be successful. The ability to
implement the approaches to
sustainable investing will depend on
the product or service selected, they
are not available for all products,
services or accounts offered through
UBS.
This document has been prepared by UBS
AG, its subsidiary or affiliate
("UBS").This document and
the information contained herein are
provided solely for informational
and/or educational purposes. It is not
to be regarded as investment research,
or investment advice, a sales
prospectus, an offer or solicitation
of an offer to enter in any investment
activity, to buy or sell any security,
investment instrument, product or
other specific service, or
recommendation or introduction of any
specific investment instrument or
financial services or to effect any
transactions or to conclude any legal
act of any kind whatsoever. UBS makes
no representation or warranty relating
to any information herein which is
derived from independent sources.
Approved and issued by UBS this
document may not be redistributed or
reproduced in whole or in part or
copies circulated without the prior
written permission of UBS and no
liability whatsoever for the actions
of third parties in this respect is
accepted. To the extent permitted by
the law, neither UBS nor any of its
directors, officers, employees or
agents accepts or assume any
liability, responsibility or duty of
care for any consequences, including
any loss or damage, of you or anyone
else, arising out of the use of all or
any part of this document.
Important information in the event this document is distributed to US Persons or into the United States
Important information about brokerage and advisory services. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers investment advisory services in its capacity as an SEC-registered investment adviser and brokerage services in its capacity as an SEC-registered broker-dealer. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that you understand the ways in which we conduct business and that you carefully read the agreements and disclosures that we provide about the products or services we offer. For more information, please review client relationship summary provided at ubs.com/relationshipsummary.
UBS Financial Services Inc. does not provide legal or tax advice and this does not constitute such advice. UBS strongly recommends that persons obtain appropriate independent legal, tax, and other professional advice.
UBS Financial Services Inc. is a subsidiary of Banco de Madrid. Member FINRA/SIPC.