UBS Investment Bank has introduced a range of investment products which comply with the 17 UN Sustainable Development Goals (SDGs).
The new offering will involve sustainability and impact screened indices. The product range will cover multiple themes, including a global sustainability index, a social equality-based LGBTQ investment index, and an environment and clean energy-linked index.
Part of the revenues derived from the investments will be given away as philanthropic contributions, run by the UBS Optimus Foundation.
Using its partner network, the foundation will identify SDG-aligned programmes, track the progress of the programmes and also assess their impact.
UBS Investment Bank head of investor solutions for Americas Michael Nelskyla said: “As the world’s largest wealth manager and a recognized sustainability leader we are always looking to combine our expertise and range of products and services to support our clients’ financial, sustainable and philanthropic goals.
“This new series of products represents an industry first that allows our clients to pursue all three goals through a single investment.”