UNION Bank Tech Up Pilipinas
UNION Bank Tech Up Pilipinas, commonly known as UNION Bank, is a leading financial institution headquartered in the Philippines. Established in 1992, the bank has made significant strides in the banking sector, particularly in digital transformation and innovative financial solutions. With a strong presence in major operational regions across the Philippines, UNION Bank focuses on retail banking, corporate banking, and investment services. The bank is renowned for its core products, including digital banking platforms and customer-centric financial services, which set it apart in a competitive market. UNION Bank has achieved notable milestones, such as being recognised for its commitment to technology-driven banking solutions. As a pioneer in the industry, UNION Bank continues to enhance its market position through strategic initiatives and a focus on customer experience.
DitchCarbon Score
How does UNION Bank Tech Up Pilipinas'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 Tech Up Pilipinas's score of 28 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
UNION Bank Tech Up Pilipinas's reported carbon emissions
In 2023, UNION Bank Tech Up Pilipinas reported total carbon emissions of approximately 14,164,870 kg CO2e, comprising 657,270 kg CO2e from Scope 1 and 13,507,600 kg CO2e from Scope 2 emissions. This marks a notable decrease from 2022, where total emissions were about 18,765,410 kg CO2e. The bank's emissions data from previous years shows a trend of fluctuating emissions, with 2019 recording the highest total emissions at approximately 25,503,000 kg CO2e, including 10,580,000 kg CO2e from Scope 1, 11,242,000 kg CO2e from Scope 2, and 11,190,000 kg CO2e from Scope 3. Despite these figures, UNION Bank has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The bank's emissions intensity has varied, with the latest reported intensity at approximately 14,000 kg CO2e per tonne. Overall, while UNION Bank Tech Up Pilipinas has made strides in reducing its carbon footprint, further commitments and initiatives may be necessary to enhance its climate action strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 569,000 | 000,000 | 000,000 | 000,000 | 00,000,000 | 000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 11,328,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | - | - |
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 Tech Up Pilipinas 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.
