In 1992, UBS was one of the first signatories of the UNEP bank declaration. With this we committed ourselves, wherever appropriate, to integrating environmentally sound practices into all our activities. Our environmental policy has put all the practices prescribed by UNEP into operation in the areas of banking, in-house operations and environmental management.

In 1992 the UNEP (United Nations Environment Programme) bank declaration (Statement by Financial Institutions on the Environment and Sustainable Development) was drawn up within the framework of this initiative. This statement has been widely endorsed and, by the end of 2002, 197 banks had signed the UNEP bank declaration.