Yann Kermode

 

 

 

 

 

 

 

 

Yann Kermode

Contact
yann-x.kermode@ubs.com
+41 44 234 60 82

Profession / Affiliation
Deputy Head of Environmental and Social Risk at UBS

UBS AG, Group Risk Control

Definition of Responsible Investment Banking
Responsible Investment Banking is about reconciling purpose and profit

Areas of Expertise
• Environmental & Social Risk
• Environmental Management Systems, ISO 14001
• Human rights in Banking
• Sustainable Investing
• Corporate responsibility disclosure
• Greenhouse Gas financed emissions accounting

Curriculum Vitae
Yann holds a master’s degree in environmental management and has over 16 years practitioner experience of managing environmental and social risks in the financial industry. As deputy head of UBS’s environmental and social risk function, Yann supports the development and implementation of principles and independent risk control frameworks for environmental and social risks within the UBS Group. Yann represents UBS in the Human Rights Working Group of the UN Environment Program Finance Initiative and the Financed Emissions Initiative of the GHG Protocol. Together with other bank representatives, he recently helped shape the Thun Group of Banks discussion paper on implications for the financial industry of the UN Guiding Principles on Business and Human Rights.

Abstract
UBS, headquartered in Switzerland, is one of the world’s leading financial services companies, offering international wealth and asset management as well as investment banking services. UBS is fully committed to corporate responsibility. This commitment is incorporated in the principles and standards set out in the bank’s Code of Business Conduct & Ethics. These apply to all aspects of UBS‘ business and the ways in which the firm engages with its stakeholders – from the products and services offered to its clients, its management of environmental and social risks, to the way UBS protects the well-being of its employees and society at large. As part of this, and in line with the firm’s endorsement of the UN Global Compact, UBS adopted the “UBS Statement on Human Rights“ in 2006, setting out the firm’s position on human rights issues with regard to its employees, sup-pliers and clients. This chapter explains how the UBS environmental and social risk framework developed over time with regard to incorporating aspects of human rights when vetting prospective corporate clients and executing their transactions. In particular, it illustrates how the UN „Protect, Respect and Remedy“ Framework for Business and Human Rights, together with discourse between committed universal banks convened as the Thun Group, contributed to the successful integration of human rights into UBS‘ due diligence process.

Network
Environmental and social risk practitioners

Hobbies & Social Engagement
Mountaineering in the Alps