United Overseas Bank Ltd 2024 SR
The report outlines UOB's sustainability approach and performance for 2024, focusing on its net zero commitment and nature strategy. Key highlights include extending $58.0 billion in sustainable financing and launching the SAGE programme to help SMEs access sustainability-linked financing. The bank maintained carbon neutrality for its operational footprint and achieved a 25% reduction target for combined Scope 1 and 2 emissions intensity by 2030. UOB also became an early adopter of the TNFD recommendations, assessing nature-related risks across its portfolio. Additionally, the bank invested $25.8 million in employee training and raised $16.1 million for community stewardship.
Company: United Overseas Bank Ltd
Sector: Finance & insurance
Country: Singapore
Year: 2024
Type: SR
Pages: 170
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United Overseas Bank Ltd
Sustainability Report
The report outlines UOB's sustainability approach and performance for 2024, focusing on its net zero commitment and nature strategy. Key highlights include extending $58.0 billion in sustainable financing and launching the SAGE programme to help SMEs access sustainability-linked financing. The bank maintained carbon neutrality for its operational footprint and achieved a 25% reduction target for combined Scope 1 and 2 emissions intensity by 2030. UOB also became an early adopter of the TNFD recommendations, assessing nature-related risks across its portfolio. Additionally, the bank invested $25.8 million in employee training and raised $16.1 million for community stewardship.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 21, 2025
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
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees