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

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United Bank Ltd

United Bank Ltd 2023 Annual Report

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