Issue 198: UBS cuts Asia ESG staff; S-E Asian renewables assets face high climate risk (opens original article in a new tab)

Swiss bank UBS reduces Asia ESG team size while Zurich Insurance reports high climate risk for 75% of assets by 2030.

• UBS cuts Asia ESG staff from seven to three
• Zurich Insurance finds 75% of assets at high climate risk by 2030
• UBS reduces global ESG staff from 100 to 35 since mid-2023