United Overseas Bank Ltd 2020 SR
The report highlights UOB's sustainability strategy across four pillars: Drive Growth Sustainably, Keep Customers at the Centre, Develop Professionals of Principle, and Uphold Corporate Responsibility. In 2020, the bank extended $4.3 billion in sustainable financing and achieved its target of doubling its renewable energy portfolio three years early. UOB also launched the Smart City Sustainable Finance Framework and integrated ESG considerations into its retail investment solutions. The bank responded to the COVID-19 pandemic by providing $32 billion in relief assistance and donating over one million pieces of personal protective equipment. Additionally, UOB implemented a TCFD adoption roadmap and conducted its first climate scenario analysis to manage transition risks.
Company: United Overseas Bank Ltd
Sector: Finance & insurance
Country: Singapore
Year: 2020
Type: SR
Pages: 110
Back to company
United Overseas Bank Ltd
Sustainability Report
The report highlights UOB's sustainability strategy across four pillars: Drive Growth Sustainably, Keep Customers at the Centre, Develop Professionals of Principle, and Uphold Corporate Responsibility. In 2020, the bank extended $4.3 billion in sustainable financing and achieved its target of doubling its renewable energy portfolio three years early. UOB also launched the Smart City Sustainable Finance Framework and integrated ESG considerations into its retail investment solutions. The bank responded to the COVID-19 pandemic by providing $32 billion in relief assistance and donating over one million pieces of personal protective equipment. Additionally, UOB implemented a TCFD adoption roadmap and conducted its first climate scenario analysis to manage transition risks.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Apr 6, 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 2:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Employees