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  • Overall approach
    10/16
    • Overarching commitment on deforestation
      10/14
      Deforestation commitment
      Zero net deforestation
      10/14
      "In 2014, we joined the Soft Commodities Compact, launched by the Banking Environment Initiative of Cambridge University. The premise of the compact is that we should help clients who contribute to deforestation by working with them to achieve zero net deforestation. We're also a member of the Roundtable on Sustainable Palm Oil (RSPO), which aims – among other things – to help clients achieve their commitment to deforestation-free palm oil."
      Open source document
    • Company must have anti-corruption policy
      0/2
  • Commodity score
    30/64
    • Beef & Leather
      19/64
      • Commitment Strength
        13/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encouraged
            6/8
            Commitment details
            All high priority landscapes - Encouraged
            6/8
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
      • Social Considerations
        6/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Palm oil
      34/64
      • Commitment Strength
        28/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "Palm oil: Companies must be a member of the RSPO and not subject to any unresolved public criticism from the RSPO. Companies must further have some level of mill or plantation certification and be publicly committed to achieving full certification (evidence must be available). Company must also be committed to “No Deforestation, No Peat and No Exploitation” (NDPE)."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Specific guidelines and assessment criteria apply to transactions with corporate clients engaged in the areas of concern listed below. The guidelines and assessment criteria apply to loans, trade finance, direct investments in real estate and infrastructure, securities and loan underwriting transactions,and investment banking advisory assignments [...] Palm oil: Companies must be a member of the RSPO and not subject to any unresolved public criticism from the RSPO. Companies must further have some level of mill or plantation certification and be publicly committed to achieving full certification (evidence must be available). Company must also be committed to “No Deforestation, No Peat and No Exploitation” (NDPE)."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Specific guidelines and assessment criteria apply to transactions with corporate clients engaged in the areas of concernlisted below. The guidelines and assessment criteria apply toloans, trade finance, direct investments in real estate andinfrastructure, securities and loan underwriting transactions,and investment banking advisory assignments [...] Palm oil: Companies must be a member of the RSPO andnot subject to any unresolved public criticism from theRSPO. Companies must further have some level of mill orplantation certification and be publicly committed to achieving full certification (evidence must be available). Companymust also be committed to “No Deforestation, No Peat andNo Exploitation” (NDPE)."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Specific guidelines and assessment criteria apply to transactions with corporate clients engaged in the areas of concernlisted below. The guidelines and assessment criteria apply toloans, trade finance, direct investments in real estate andinfrastructure, securities and loan underwriting transactions,and investment banking advisory assignments [...] Palm oil: Companies must be a member of the RSPO andnot subject to any unresolved public criticism from theRSPO. Companies must further have some level of mill orplantation certification and be publicly committed to achieving full certification (evidence must be available). Companymust also be committed to “No Deforestation, No Peat andNo Exploitation” (NDPE)."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Palm oil: Companies must be a member of the RSPO andnot subject to any unresolved public criticism from theRSPO. Companies must further have some level of mill orplantation certification and be publicly committed to achieving full certification (evidence must be available). Companymust also be committed to “No Deforestation, No Peat andNo Exploitation” (NDPE)."
            Open source document
        • Companies must be legally operated
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encouraged
            6/8
            Commitment details
            All high priority landscapes - Encouraged
            6/8
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade inEndangered Species;– High conservation value forests as defined by the sixcategories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade inEndangered Species;– High conservation value forests as defined by the sixcategories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade inEndangered Species;– High conservation value forests as defined by the sixcategories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade inEndangered Species;– High conservation value forests as defined by the sixcategories of the Forestry Stewardship Council (FSC)"
            Open source document
        • Assurance mechanism to ensure compliance
          5.4/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Certification scheme (if applicable): RSPO

            Verification method: Certification Scheme
            "Palm oil: Companies must be a member of the RSPO andnot subject to any unresolved public criticism from theRSPO. Companies must further have some level of mill orplantation certification and be publicly committed to achieving full certification (evidence must be available). Companymust also be committed to “No Deforestation, No Peat andNo Exploitation” (NDPE)."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Palm oil: Companies must be a member of the RSPO andnot subject to any unresolved public criticism from theRSPO. Companies must further have some level of mill orplantation certification and be publicly committed to achieving full certification (evidence must be available). Companymust also be committed to “No Deforestation, No Peat andNo Exploitation” (NDPE)."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Palm oil: Companies must be a member of the RSPO andnot subject to any unresolved public criticism from theRSPO. Companies must further have some level of mill orplantation certification and be publicly committed to achieving full certification (evidence must be available). Companymust also be committed to “No Deforestation, No Peat andNo Exploitation” (NDPE)."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Palm oil: Companies must be a member of the RSPO andnot subject to any unresolved public criticism from theRSPO. Companies must further have some level of mill orplantation certification and be publicly committed to achieving full certification (evidence must be available). Companymust also be committed to “No Deforestation, No Peat andNo Exploitation” (NDPE)."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Palm oil: Companies must be a member of the RSPO andnot subject to any unresolved public criticism from theRSPO. Companies must further have some level of mill orplantation certification and be publicly committed to achieving full certification (evidence must be available). Companymust also be committed to “No Deforestation, No Peat andNo Exploitation” (NDPE)."
            Open source document
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
      • Social Considerations
        6/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Soy
      33/64
      • Commitment Strength
        28/42
        • Commodity-specific financing policy
          9.3/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "Soy: Companies producing soy in markets at high risk oftropical deforestation must be a member of the Roundtableon Responsible Soy (RTRS) and not subject to any unresolved public criticism from the RTRS. Companies mustfurther be publicly committed to achieving full certification(evidence must be available)."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Soy: Companies producing soy in markets at high risk oftropical deforestation must be a member of the Roundtableon Responsible Soy (RTRS) and not subject to any unresolved public criticism from the RTRS. Companies mustfurther be publicly committed to achieving full certification(evidence must be available)."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Soy: Companies producing soy in markets at high risk oftropical deforestation must be a member of the Roundtableon Responsible Soy (RTRS) and not subject to any unresolved public criticism from the RTRS. Companies mustfurther be publicly committed to achieving full certification(evidence must be available)."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Soy: Companies producing soy in markets at high risk oftropical deforestation must be a member of the Roundtableon Responsible Soy (RTRS) and not subject to any unresolved public criticism from the RTRS. Companies mustfurther be publicly committed to achieving full certification(evidence must be available)."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            "Soy: Companies producing soy in markets at high risk oftropical deforestation must be a member of the Roundtableon Responsible Soy (RTRS) and not subject to any unresolved public criticism from the RTRS. Companies mustfurther be publicly committed to achieving full certification(evidence must be available)."
            Open source document
        • Companies must be legally operated
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encouraged
            6/8
            Commitment details
            All high priority landscapes - Encouraged
            6/8
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
        • Assurance mechanism to ensure compliance
          5.3/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Certification scheme (if applicable): RTRS

            Verification method: Certification Scheme
            "Soy: Companies producing soy in markets at high risk oftropical deforestation must be a member of the Roundtableon Responsible Soy (RTRS) and not subject to any unresolved public criticism from the RTRS. Companies mustfurther be publicly committed to achieving full certification(evidence must be available)."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Soy: Companies producing soy in markets at high risk oftropical deforestation must be a member of the Roundtableon Responsible Soy (RTRS) and not subject to any unresolved public criticism from the RTRS. Companies mustfurther be publicly committed to achieving full certification(evidence must be available)."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Soy: Companies producing soy in markets at high risk oftropical deforestation must be a member of the Roundtableon Responsible Soy (RTRS) and not subject to any unresolved public criticism from the RTRS. Companies mustfurther be publicly committed to achieving full certification(evidence must be available)."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Soy: Companies producing soy in markets at high risk oftropical deforestation must be a member of the Roundtableon Responsible Soy (RTRS) and not subject to any unresolved public criticism from the RTRS. Companies mustfurther be publicly committed to achieving full certification(evidence must be available)."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            "Soy: Companies producing soy in markets at high risk oftropical deforestation must be a member of the Roundtableon Responsible Soy (RTRS) and not subject to any unresolved public criticism from the RTRS. Companies mustfurther be publicly committed to achieving full certification(evidence must be available)."
            Open source document
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
      • Social Considerations
        6/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Timber, Pulp & Paper
      33/64
      • Commitment Strength
        28/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Deforestation-free
            "Timber: Companies producing timber in markets at high risk of tropical deforestation must seek to achieve full certification of their production according to the Forest Stewardship Council (FSC) or a national scheme endorsed against the 2010 Programme for the Endorsement of Forest Certification (PEFC) meta standard for timber products. Company must also have fire prevention, monitoring and suppression measures in place."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Timber: Companies producing timber in markets at high risk of tropical deforestation must seek to achieve full certification of their production according to the Forest Stewardship Council (FSC) or a national scheme endorsed against the 2010 Programme for the Endorsement of Forest Certification (PEFC) meta standard for timber products. Company must also have fire prevention, monitoring and suppression measures in place."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Timber: Companies producing timber in markets at high risk of tropical deforestation must seek to achieve full certification of their production according to the Forest Stewardship Council (FSC) or a national scheme endorsed against the 2010 Programme for the Endorsement of Forest Certification (PEFC) meta standard for timber products. Company must also have fire prevention, monitoring and suppression measures in place."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Timber: Companies producing timber in markets at high risk of tropical deforestation must seek to achieve full certification of their production according to the Forest Stewardship Council (FSC) or a national scheme endorsed against the 2010 Programme for the Endorsement of Forest Certification (PEFC) meta standard for timber products. Company must also have fire prevention, monitoring and suppression measures in place."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Timber: Companies producing timber in markets at high risk of tropical deforestation must seek to achieve full certification of their production according to the Forest Stewardship Council (FSC) or a national scheme endorsed against the 2010 Programme for the Endorsement of Forest Certification (PEFC) meta standard for timber products. Company must also have fire prevention, monitoring and suppression measures in place."
            Open source document
        • Companies must be legally operated
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            All high priority landscapes - Encouraged
            6/8
            Commitment details
            All high priority landscapes - Encouraged
            6/8
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
        • Assurance mechanism to ensure compliance
          5.3/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Certification Scheme

            Certification scheme (if applicable): FSC
            "Timber: Companies producing timber in markets at high risk of tropical deforestation must seek to achieve full certification of their production according to the Forest Stewardship Council (FSC) or a national scheme endorsed against the 2010 Programme for the Endorsement of Forest Certification (PEFC) meta standard for timber products. Company must also have fire prevention, monitoring and suppression measures in place."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Timber: Companies producing timber in markets at high risk of tropical deforestation must seek to achieve full certification of their production according to the Forest Stewardship Council (FSC) or a national scheme endorsed against the 2010 Programme for the Endorsement of Forest Certification (PEFC) meta standard for timber products. Company must also have fire prevention, monitoring and suppression measures in place."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Timber: Companies producing timber in markets at high risk of tropical deforestation must seek to achieve full certification of their production according to the Forest Stewardship Council (FSC) or a national scheme endorsed against the 2010 Programme for the Endorsement of Forest Certification (PEFC) meta standard for timber products. Company must also have fire prevention, monitoring and suppression measures in place."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Timber: Companies producing timber in markets at high risk of tropical deforestation must seek to achieve full certification of their production according to the Forest Stewardship Council (FSC) or a national scheme endorsed against the 2010 Programme for the Endorsement of Forest Certification (PEFC) meta standard for timber products. Company must also have fire prevention, monitoring and suppression measures in place."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            "Timber: Companies producing timber in markets at high risk of tropical deforestation must seek to achieve full certification of their production according to the Forest Stewardship Council (FSC) or a national scheme endorsed against the 2010 Programme for the Endorsement of Forest Certification (PEFC) meta standard for timber products. Company must also have fire prevention, monitoring and suppression measures in place."
            Open source document
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory services to clients whose primary business activity, or where the proposed transaction, is associated with severe environmental or social damage to or through use of:– World heritage sites as classified by UNESCO;– Wetlands on the “Ramsar list”;– Endangered species of wild flora and fauna listed in“Appendix 1” of the Convention on International Trade in Endangered Species;– High conservation value forests as defined by the six categories of the Forestry Stewardship Council (FSC)"
            Open source document
      • Social Considerations
        6/22
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "UBS will not knowingly provide financial or advisory servicesto clients whose primary business activity, or where theproposed transaction, is associated with severe environmentalor social damage to or through use of: [...] Indigenous peoples’ rights in accordance with “IFC Performance Standard 7”. This Performance Standard requires organisations "to ensure the Free, Prior, and Informed Consent (FPIC) of the Affected Communities of Indigenous Peoples when the circumstances described in this Performance Standard are present."
            Open source document Open source document
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
  • Reporting & Implementation
    8/20
    • Policy is reviewed and updated
      0/5
      Policy review
      Process for updating policy unclear
      0/5
      "These developments therefore require regular and critical assessment of our policies and practices, based on an accurate monitoring and analysis of societal topics of potential relevance to UBS."
      Open source document
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      3/5
      Monitoring compliance
      Yes - General non-compliance statement
      3/5
      "Portfolio review: At portfolio level, we regularly review sensitive sectors and activities prone to bearing environmental and social risks. We assess client exposure and revenue in such sectors and attempt to benchmark the portfolio quality against regional and/or sector averages. Such portfolio reviews give us an accurate aggregated exposure profile and an enhanced insight into our transaction and client onboarding processes. Based on the outcome of these reviews, we can explore ways to improve the future portfolio profile along a range of risk parameters... Clients, transactions or suppliers potentially in breach of UBS’s position, or otherwise subject to significant environmental and human rights controversies, are identified as part of UBS’s standard risk and compliance processes. Advanced data analytics on companies associated with such risks is integrated into the web-based compliance tool used by our staff before they enter into a client or supplier relationship, or a transaction. The systematic nature of this tool significantly enhances our ability to identify potential risk."
      Open source document
    • Reporting on implementation of the policy
      5/5
      Reporting
      Yes - Annually
      5/5
      Type of Reporting: Numerical

      Numbers: "In 2019, 1,889 referrals were assessed by our environmental and social risk unit, of which 82 were rejected or not pursued, 299 were approved with qualifications and 32 were pending."
      "In 2019, 1,889 referrals were assessed by our environmental and social risk unit, of which 82 were rejected or not pursued, 299 were approved with qualifications and 32 were pending."
      Open source document
  • Commitment strength
    24/42
    Avg. score
  • Social considerations
    6/22
    Avg. score

Profile

UBS are a global banking and investment group headquartered in Switzerland serving private, corporate and institutional clients. Their services include investment banking, capital markets, wealth management, corporate finance and retail banking services. As of 2017, UBS' total assets amount to more than 910 billion CHF, with more than 310 billion CHF of gross loans. UBS are among the top 15 shareholders for Forest 500 companies, with more than 26 billion USD worth of shares across a broad range of forest risk sectors. They are also among the top 25 lenders to Forest 500 companies, with loans amounting to more than 20 billion USD.

HQ
HQ 
Switzerland
Financial institution type
Financial institution type 
Asset management, Bank

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Full finance sector performance data Forest 500 assessment methodology

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Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.