United Overseas Bank Ltd 2021 SR
The report highlights UOB's sustainability progress in 2021, notably achieving operational carbon neutrality for its own footprint and reaching $17 billion in total sustainable financing, exceeding its 2023 target early. The bank established a dedicated Corporate Sustainability Office and appointed its first Chief Sustainability Officer to drive its four-pillar strategy. Key initiatives included the adoption of the Equator Principles and the launch of integrated financing platforms like U-Energy and U-Drive to support energy efficiency and electric vehicles. Additionally, UOB expanded its sustainable investment solutions, with assets under management in ESG-focused products quadrupling in its personal financial services segment.
Company: United Overseas Bank Ltd
Sector: Financials
Country: Singapore
Year: 2021
Type: SR
Pages: 132
United Overseas Bank Ltd
Sustainability Report
The report highlights UOB's sustainability progress in 2021, notably achieving operational carbon neutrality for its own footprint and reaching $17 billion in total sustainable financing, exceeding its 2023 target early. The bank established a dedicated Corporate Sustainability Office and appointed its first Chief Sustainability Officer to drive its four-pillar strategy. Key initiatives included the adoption of the Equator Principles and the launch of integrated financing platforms like U-Energy and U-Drive to support energy efficiency and electric vehicles. Additionally, UOB expanded its sustainable investment solutions, with assets under management in ESG-focused products quadrupling in its personal financial services segment.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Apr 1, 2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Employees