Union Bank of India 2022 SR
The report highlights Union Bank of India's first ESG report for FY2021-22, detailing its commitment to sustainable banking and a net-zero emissions target by 2070. Key financial highlights include extending ₹7,164 crore in credit to the renewable energy sector and mobilizing ₹264.46 crore in Union Green Deposits. The bank emphasized social inclusion, with women comprising 28.60% of the workforce and significant support provided to women-led Self Help Groups. Digitization was a major focus, with over ₹1,500 crore invested in digital initiatives to enhance operational efficiency. The report also outlines the bank's alignment with GRI, SASB, and TCFD frameworks.
Company: Union Bank of India
Sector: Financials
Country: India
Year: 2022
Type: SR
Pages: 95
Union Bank of India
ESG Report
The report highlights Union Bank of India's first ESG report for FY2021-22, detailing its commitment to sustainable banking and a net-zero emissions target by 2070. Key financial highlights include extending ₹7,164 crore in credit to the renewable energy sector and mobilizing ₹264.46 crore in Union Green Deposits. The bank emphasized social inclusion, with women comprising 28.60% of the workforce and significant support provided to women-led Self Help Groups. Digitization was a major focus, with over ₹1,500 crore invested in digital initiatives to enhance operational efficiency. The report also outlines the bank's alignment with GRI, SASB, and TCFD frameworks.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees