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Financial Intermediation
KH
updated a month ago

Union Commercial Bank Plc.

Company website

Union Commercial Bank Plc, commonly referred to as UCB, is a prominent financial institution headquartered in Phnom Penh, Cambodia (KH). Established in 1994, UCB has grown to become a key player in the banking sector, offering a wide range of services including retail banking, corporate banking, and microfinance solutions. With a strong focus on customer-centric products, UCB distinguishes itself through innovative financial services tailored to meet the diverse needs of its clientele. The bank has achieved significant milestones, including expanding its operational footprint across major regions in Cambodia, thereby enhancing its market presence. Recognised for its commitment to financial inclusion and sustainable growth, Union Commercial Bank Plc continues to solidify its position as a trusted partner in the Cambodian banking landscape.

DitchCarbon Score

How does Union Commercial Bank Plc.'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.

51

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.

30

Industry Benchmark

Union Commercial Bank Plc.'s score of 51 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

72%

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Union Commercial Bank Plc.'s reported carbon emissions

Inherited from E.SUN Financial Holding Company, Ltd.

Union Commercial Bank Plc., headquartered in Cambodia (KH), currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of E.SUN Financial Holding Company, Ltd., and therefore, any climate commitments or emissions data may be influenced by the parent company's initiatives. As of now, Union Commercial Bank Plc. has not set specific reduction targets or made notable climate pledges. The absence of documented emissions figures and reduction initiatives suggests that the bank is in the early stages of developing its climate strategy. The bank's climate commitments may align with those of E.SUN Financial Holding Company, Ltd., which has established various sustainability initiatives, including participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific details regarding these initiatives and their impact on Union Commercial Bank Plc. are not provided. In summary, while Union Commercial Bank Plc. is part of a larger corporate family with potential climate commitments, it currently lacks specific emissions data and reduction targets. Further developments in their climate strategy may emerge as they align more closely with the sustainability goals of E.SUN Financial Holding Company, Ltd.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2017201820192020202120222023
Scope 1
2,639,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
000,000
Scope 2
21,190,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
000,000,000.0
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Union Commercial Bank Plc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Union Commercial Bank Plc. is in KH, which has a very high grid carbon intensity relative to other regions.

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 Commercial Bank Plc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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