We are committed to engaging in external corporate responsibility initiatives - and to provide thought leadership through our active involvement in discussions on key societal topics. This commitment supports us in our efforts to advance in areas that are already mandated by government and regulators, as well as in areas that, while still largely voluntary, are nonetheless of significance to strengthening our corporate responsibility agenda.
UBS has endorsed and signed several charters:
In 2000, UBS became one of the first companies to sign the United Nations (UN) Global Compact. This global corporate responsibility initiative unites governments, business, labor organizations and civil society, fostering adherence to 10 principles covering the areas of human rights, labor standards, the environment and anti-corruption.
In 1992, we were one of the first signatories to the United Nations Environment Program's Bank Declaration.
We remain strongly committed to promoting stringent anti-money laundering standards for the financial industry as a whole. As a prime example of this, UBS was one of the driving forces behind the launch of the Wolfsberg Group and its issuance of global anti-money laundering principles in 2000.
UBS Asset Management is an Investment Manager signatory to the Principles for Responsible Investment (PRI). This global investor initiative, in partnership with the UNEP Finance Initiative and the UN Global Compact, is designed to provide a framework for better integration of ESG issues into mainstream investment practice.
The Thun Group is an informal group of bank representatives, with the name derived from the location (the UBS conference center in the Swiss city of Thun) where the group meets to share experiences and ideas regarding the implementation of the UN’s Guiding Principles on Business and Human Rights.
UBS is a member of further organizations that promote corporate responsibility and is actively engaged in their activities.