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

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United Overseas Bank Ltd

United Overseas Bank Ltd 2021 Sustainability Report

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