UBS Wealth Exec Says New Clients Will Drive ESG Revival

Core Insights - A growing demand for sustainable investment solutions is being observed among new investors and private banking clients, particularly among the second generation and female investors [1] - Despite current challenges facing ESG investments, there is a noticeable shift towards sustainability among newer investors [2] - The renewable energy sector continues to attract significant investment, with a record $386 billion in the first half of 2025, marking a 10% increase from the previous year [3] Group 1: ESG Investment Trends - ESG has faced significant challenges, including political opposition in the US and regulatory rollbacks in Europe, yet investor interest remains strong [2][3] - The trend towards private markets is emerging as the next generation of clients seeks diverse return drivers [4] Group 2: UBS's Strategic Moves - UBS has withdrawn from the Net-Zero Banking Alliance and extended its timeline to achieve net-zero operations to 2035, influenced by the Credit Suisse acquisition and regulatory guidance [5] - The bank's sustainable investment assets increased to $296 billion last year, reflecting a 5% growth from the previous year [5]