UBA
United Bank for Africa (UBA) is a leading financial institution headquartered in Nigeria, with a significant presence across 20 African countries and global offices in London, New York, and Paris. Established in 1961, UBA has evolved into a key player in the banking industry, offering a diverse range of services including retail banking, corporate banking, investment banking, and asset management. Renowned for its innovative digital banking solutions, UBA stands out with its commitment to customer-centric services and financial inclusion. The bank has achieved notable milestones, such as being the first African bank to launch a mobile banking app and consistently ranking among the top banks in Africa by assets. With a strong market position, UBA continues to drive economic growth and development across the continent, making it a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does UBA's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
UBA's score of 26 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
UBA's reported carbon emissions
In 2023, UBA reported total carbon emissions of approximately 22,319,253,90 kg CO2e, comprising 21,918,860 kg CO2e from Scope 1, 33,058,230 kg CO2e from Scope 2, and 2,275,630 kg CO2e from Scope 3 emissions. The significant contribution from Scope 2 highlights the impact of energy consumption in their operations. Currently, UBA has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of defined targets suggests an opportunity for UBA to enhance its climate commitments and align with industry standards for emissions reduction. As the global focus on sustainability intensifies, UBA's future climate strategies will be crucial in addressing its carbon footprint and contributing to broader climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2023 | |
|---|---|
| Scope 1 | 21,918,860 |
| Scope 2 | 33,058,230 |
| Scope 3 | 2,275,630 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
UBA is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
