The battle against the coronavirus pandemic is far from over but UBS donations and fundraising efforts in 2020 are helping communities around the world.
Globally, UBS clients and employees have generously donated more than A$21 million to their COVID-19 relief fund, managed by UBS Optimus Foundation. This is on top of the firm’s A$41 million commitment and contributions directly to our community partners.
Anthony Sweetman co-country head of UBS Australasia said: “The financial industry plays a key role in giving back to the community and as a leading Investment Bank we are proud of the significant contributions UBS’ employees and clients have made through financial and in-kind support in 2020.”
UBS shipped over 160 tons of protective gear, disinfecting wipes and other critically needed supplies to health facilities in hot spot areas including St Vincent's Clinic's domestic violence safe houses, transition housing facilities and aged care facilities throughout Sydney.
UBS responded to the drought and bushfire crisis during Brokerage Day on 12 February. This day saw more than A$1.6 million raised from clients, staff and the UBS Australia Foundation.
Funds raised were allocated to the Australian Red Cross, The Community Rebuilding Trust (Business Council of Australia initiative), Lifeline Australia, The Smith Family and WWF-Australia.
Lifeline CEO Colin Seery said at the time: “I personally want to thank everyone involved in the Brokerage Day. These past few months have been extraordinary for all of us and your support couldn’t have come at a more critical time. Lifeline has never been more needed.”
“The collective mental health burden of the bushfire crisis and the virus is something we have not seen or experienced before.” Mr Seery added.
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