Union Bank of the Philippines 2021 SR
The report, titled "Tech Up Pilipinas," highlights UnionBank's 2021 sustainability performance, focusing on digital transformation, sustainable finance, and inclusive prosperity. Key achievements include the issuance of a USD 150 million social bond with the IFC to support MSMEs and the groundbreaking of the first-in-industry Innovation Campus in Laguna. The bank successfully transitioned 74.8% of transactions to paperless formats and expanded its digital reach to 11.61 million customers. Additionally, UnionBank announced the acquisition of Citigroup's consumer banking business in the Philippines, aiming to enhance its retail and wealth management segments.
Company: Union Bank of the Philippines
Sector: Financials
Country: Philippines
Year: 2021
Type: SR
Pages: 45
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Union Bank of the Philippines
Sustainability Report
The report, titled "Tech Up Pilipinas," highlights UnionBank's 2021 sustainability performance, focusing on digital transformation, sustainable finance, and inclusive prosperity. Key achievements include the issuance of a USD 150 million social bond with the IFC to support MSMEs and the groundbreaking of the first-in-industry Innovation Campus in Laguna. The bank successfully transitioned 74.8% of transactions to paperless formats and expanded its digital reach to 11.61 million customers. Additionally, UnionBank announced the acquisition of Citigroup's consumer banking business in the Philippines, aiming to enhance its retail and wealth management segments.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women in Management
Workplace Fatalities
Employees