Union Bank of India 2023 IR
The report highlights Union Bank of India's transition to its first Integrated Annual Report for FY2022-2023, emphasizing its commitment to sustainability and digital innovation. The bank achieved a record net profit of ₹8,433 crore and expanded its digital footprint with over 21 million customers registered on its Vyom platform. In environmental stewardship, the bank sanctioned ₹10,370 crore to the renewable energy sector and reduced its Scope 1 emissions by 3.33% year-on-year. Additionally, the bank advanced financial inclusion by expanding its MSME portfolio to ₹1,25,022 crore and supporting rural development through its network of Business Correspondents.
Company: Union Bank of India
Sector: Financials
Country: India
Year: 2023
Type: IR
Pages: 346
Union Bank of India
Integrated Annual Report
The report highlights Union Bank of India's transition to its first Integrated Annual Report for FY2022-2023, emphasizing its commitment to sustainability and digital innovation. The bank achieved a record net profit of ₹8,433 crore and expanded its digital footprint with over 21 million customers registered on its Vyom platform. In environmental stewardship, the bank sanctioned ₹10,370 crore to the renewable energy sector and reduced its Scope 1 emissions by 3.33% year-on-year. Additionally, the bank advanced financial inclusion by expanding its MSME portfolio to ₹1,25,022 crore and supporting rural development through its network of Business Correspondents.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Net Zero Target
Employees