United Overseas Bank Ltd 2017 AR2

The report outlines United Overseas Bank Limited's (UOB) financial and sustainability performance for the fiscal year 2017. In 2017, UOB achieved a record net profit after tax of SGD 3.39 billion, representing a nine percent increase from the previous year. The bank expanded its regional footprint by becoming the first Singaporean bank to receive a foreign-owned subsidiary license in Vietnam and opening a new branch in Kunming, China. On the sustainability front, UOB refined its ESG strategy, aligning its objectives with 11 United Nations Sustainable Development Goals, and invested SGD 21.3 million in employee training. Additionally, the bank reduced its water consumption by 14.2% and general waste by 17.4% in its Singapore office buildings.

Company: United Overseas Bank Ltd

Sector: Financials

Country: Singapore

Year: 2017

Type: AR2

Pages: 296

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United Overseas Bank Ltd

United Overseas Bank Ltd 2017 Annual Report

Annual Report

The report outlines United Overseas Bank Limited's (UOB) financial and sustainability performance for the fiscal year 2017. In 2017, UOB achieved a record net profit after tax of SGD 3.39 billion, representing a nine percent increase from the previous year. The bank expanded its regional footprint by becoming the first Singaporean bank to receive a foreign-owned subsidiary license in Vietnam and opening a new branch in Kunming, China. On the sustainability front, UOB refined its ESG strategy, aligning its objectives with 11 United Nations Sustainable Development Goals, and invested SGD 21.3 million in employee training. Additionally, the bank reduced its water consumption by 14.2% and general waste by 17.4% in its Singapore office buildings.

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Document Details

Report Year

2017

Reporting Period

Jan 1, 2017 - Dec 31, 2017

Fiscal Year

2017

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 2:

Energy Consumption

Water Consumption

Total Waste

Women in Management

Employees