UBS Private Event Draws Clients to Fast-Growing ESG Idea (2)

UBS Group AG just held its first-ever conference dedicated to the ESG theme of biodiversity, signaling its ambitions to grow in a business area that Credit Suisse had targeted for expansion before its collapse.

Judson Berkey, group head of engagement and regulatory strategy at UBS, said the goal is to figure out “what would help unblock finance” for deals focused on protecting natural capital.

It’s not just about protecting assets from potential losses, but about identifying projects and deals that can make investors money, Berkey said in an interview before the London-based event.

“There will be winners and losers,” ...