United Bank Ltd 2023 AR2
The report highlights United Bank Limited's (UBL) financial and ESG performance for the fiscal year 2023. Financially, the bank achieved a standalone profit after tax of Rs. 53.2 billion, representing a significant increase from the previous year. On the ESG front, UBL was recognized as the 'Best Bank for ESG' at the Asiamoney Best Bank Awards 2023. Key environmental initiatives included converting 78 branches to solar energy, investing PKR 12 billion in renewable energy projects, and advancing paperless banking. Socially, the bank implemented a well-defined Diversity, Equity, and Inclusion policy, with women representing 21% of the workforce, and established 35 specialized branches for persons with disabilities.
Company: United Bank Ltd
Sector: Financials
Country: Pakistan
Year: 2023
Type: AR2
Pages: 152
United Bank Ltd
Annual Report
The report highlights United Bank Limited's (UBL) financial and ESG performance for the fiscal year 2023. Financially, the bank achieved a standalone profit after tax of Rs. 53.2 billion, representing a significant increase from the previous year. On the ESG front, UBL was recognized as the 'Best Bank for ESG' at the Asiamoney Best Bank Awards 2023. Key environmental initiatives included converting 78 branches to solar energy, investing PKR 12 billion in renewable energy projects, and advancing paperless banking. Socially, the bank implemented a well-defined Diversity, Equity, and Inclusion policy, with women representing 21% of the workforce, and established 35 specialized branches for persons with disabilities.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees