1、 It is the aim of this Policy that in all our business dealings we act in an environmentally responsible manner.We annually report on our environmental performance and on future priorities.This includes key performance indicators based on international reporting standards.In accordance with UBSs env
2、ironmental policy,our environmental management system ensures a process of continual improvement as well as compliance with legal regulations and voluntary commitments.Page 2 Page 6 Page 16 We help clients consider environmental aspects by providing relevant research,advisory services and product of
3、ferings.We seek to consider environmental risks in all our businesses,especially in lending,investment banking,advisory and research,and in our own investments.We actively seek ways to reduce our direct environmental impact on air,soil and water from in-house operations,with a primary focus on reduc
4、ing greenhouse gas emissions.We integrate environmental considerations into internal communications and training.Page 21 Page 28 Page 33 Page 41 Validation by Socit Gnrale de Surveillance AGWe have verified the correctness of the statements in the 2007 Environmental Report of UBS AG and,where necess
5、ary,have requested that proof be presented.We hereby confirm that the report has been prepared with the necessary care,that its contents are correct with regard to environmental performance,that it describes the essential aspects of the Environmental Management System at UBS AG and that it reflects
6、the actual practices and procedures at UBS AG.We have also conducted a third party verification of the CO2 emissions in the years 2004 to 2007 against the principles of ISO 14064-I(2006).In our opinion,the reported CO2 emissions are fair,accurate,transparent and free from material errors or misstate