By Cyprus , Germany and Hungary — ESG Investing is a term that is often used synonymously with sustainable investing, socially responsible investing, mission-related investing, or screening. The practice of ESG investing began in the 1960s as socially responsible investing, with investors excluding stocks or entire industries from their portfolios based on business activities such as tobacco production or involvement in the South African apartheid regime.
Today, ethical considerations and alignment with values remain common objectives of many ESG investors.
Universal Banks has always been a platform to uphold the environmental, social, and governance norms of any culture and country. We always look to remain sustainable while conserving nature and its resources, portraying the right attitude and image to our customers, and employing the right methodology to run the company to remain the best.
To date, Universal banks has invested in over 2,000 projects globally, with a focus on low-carbon and climate-resilient initiatives. We have also been working to improve our risk management and governance framework, with a view to improving the transparency of our processes.
In this article we will present you with some key updates on Universalbank’s ESG investment and portfolio activities:
Universal Banka ESG investing and portfolio updates 2022:
Universalbanks is continuing to invest in ESG-friendly products and technologies, as well as ESG-focused funds. We are also expanding our coverage of sustainable infrastructure investments. As Universal banks continues to grow, we want to make sure that our investments help contribute to sustainable development and protect the environment. We believe that through transparent and responsible investment, we can play an important role in creating a more sustainable world.
Below are some of the key areas in which Universalbanks is investing:
1. Sustainable Infrastructure Investments
2. ESG -Friendly Product and Technology Investments
3. ESG-Focused Funds
4. Environmental Sustainability Reporting and Disclosure
5. Corporate Social Responsibility (CSR) Initiatives
6. Community Involvement
1. Sustainable Infrastructure Investments
Universal banks is investing in sustainable infrastructure projects around the world, including renewable energy, green transportation, and water resources management initiatives. We are also working to invest in more climate-resilient projects that can help mitigate the effects of climate change.
2. ESG -Friendly Product and Technology Investments
Universal Banks is committed to investing in products and services that are environmentally friendly, sustainable, and socially responsible. We are also expanding our coverage of environmental, social, and governance (ESG) factors in our investment decisions.
3. ESG-Focused Funds
We launched two new ESG-focused funds – the Mercavita Sustainable Equity Fund and the Mercaviq Sustainable Opportunity Fund – in April 2022. These funds focus on investing in companies that are making a positive impact on the environment, social justice, and human rights.
4. Environmental Sustainability Reporting and Disclosure
Universal banks is committed to providing our clients with access to the most up-to-date environmental sustainability information. We work with leading environmental reporting platforms to provide comprehensive disclosure of our investments across a range of environmental areas, including climate change, water resources management, and waste management.
5. Corporate Social Responsibility (CSR) Initiatives
Universal banks is active in a number of CSR initiatives, including our work with the United Nations Foundation and the Change for Good Foundation. We also partner with various NGOs to support their work on environmental and social justice issues.
6. Community Involvement
We are committed to working closely with our local communities around the world to improve their lives and environment. This includes supporting health clinics, education programs, and other initiatives that make a positive impact on the local population.
Past ESG Investment of Universal banks
Health: Improve humanity’s quality and duration of life
Environment: Protect the planet and its inhabitants
Liberty: Human rights, equality, freedom and privacy
Productivity: Improve our knowledge of how the universe works to make our lives better within it
Agency: Skin in the game and incentives to work on behalf of long-term shareholders Culture: Encourage a culture of innovation, adaptability and shared values
Trust: Reliability of financial statements and management
As of 31 December 2019, Universal banks had investments in 1,023 projects globally spanning 20 countries. The focus of our ESG work remains on low-carbon and climate-resilient initiatives, with a focus on sustainable land management and food security. Our investments in renewable energy and energy efficiency projects are also increasing, as we seek to support the development of sustainable technologies.
Since our inception, UNIVERSALBanks has been committed to responsible investment. We have developed a comprehensive ESG policy framework that is implemented at all levels of the company. This includes risk assessment and management procedures, as well as regular reporting on our performance against relevant criteria.
To date, we have achieved positive returns on our ESG investments, with a total return of over 140%, while also reducing our overall environmental impact. Our ESG strategy is aligned with our business goals and the needs of our customers. We believe that sustainable investing can contribute to creating long-term value for both investors and companies alike.
In one statement by the CEO, of Universal Banks, he said “The future of our environment has become a priority for so many institutions, communities, governments, and economies. Issues like carbon emissions, climate change, and deforestation have detrimental implications. As a reputable asset management bank with notable values, we have become directly involved in generating solutions in the form of financial support and engaging in projects that impact social change positively. Our new ESG portfolios and strategies are sustainable and has shown to offer better returns “
Universal banks has been working with global environmental organizations and renewable energy companies to develop a range of projects that will help reduce greenhouse gas emissions.
Universal banks also partners with Conservation International, which provides support for conservation projects in Latin America and Africa. These projects help protect biodiversity, improve water management, and promote sustainable agriculture.
On January 9th, 2021 Universal Banks announced they had invested US$5 million into the Green Climate Fund (GCF), the world’s largest and most effective climate finance platform. The GCF was created in 2007 to help low-income countries cope with the climate impacts of global warming.
Universal Banks believes that sustainable investing can contribute to creating long-term value for both investors and companies alike, whilst preserving our home, Earth. Sustainable investing encompasses a wide range of practices, from assessing a company’s environmental impact to investing in renewable energy.
As Universal Banks continues to grow, we want to make sure that our investments help contribute to sustainable development and protect the environment. We believe that through transparent and responsible investment, we can play an important role in creating a more sustainable world.
Media Contact
Company Name: UNIVERSAL BANKS
Mail: [email protected]
Website: https://universalbanks.com/
SOURCE: Vents Magazine
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