Union Bank of the Philippines
Union Bank of the Philippines, commonly referred to as UnionBank, is a leading financial institution headquartered in Pasig City, Philippines. Established in 1982, the bank has grown to become a significant player in the Philippine banking industry, with a strong presence in both urban and rural regions across the country. UnionBank offers a diverse range of financial services, including retail banking, corporate banking, investment banking, and digital banking solutions. Notably, the bank is recognised for its innovative approach to technology, providing unique digital platforms that enhance customer experience. With a commitment to sustainability and financial inclusion, UnionBank has achieved several milestones, including awards for its digital transformation initiatives. Its market position is bolstered by a reputation for reliability and customer-centric services, making it a preferred choice for individuals and businesses alike.
DitchCarbon Score
How does Union Bank of the Philippines'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
Union Bank of the Philippines's score of 19 is lower than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Union Bank of the Philippines's reported carbon emissions
Union Bank of the Philippines, headquartered in the Philippines, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established any documented reduction targets or climate pledges at this time. As a result, there is no information on their Scope 1, 2, or 3 emissions, nor any significant achievements in carbon reduction initiatives. The absence of data suggests that Union Bank of the Philippines may still be in the early stages of developing a comprehensive climate strategy or reporting framework. In the context of the banking industry, many institutions are increasingly committing to science-based targets and sustainability initiatives. However, without specific commitments or data, Union Bank's current climate impact and future plans remain unclear.
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.
Union Bank of the Philippines is not participating in any of the initiatives that 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.
