United Commercial Bank (UCB), headquartered in the United States, is a prominent player in the banking industry, offering a diverse range of financial services. Founded in 1983, UCB has established itself as a trusted institution, primarily serving customers in major operational regions across the US. The bank's core offerings include personal and commercial banking, investment services, and wealth management, distinguished by their customer-centric approach and innovative solutions. UCB has achieved notable milestones, including recognition for its robust financial performance and commitment to community development. With a strong market position, United Commercial Bank continues to adapt to the evolving financial landscape, ensuring that it meets the needs of its clients while maintaining a reputation for reliability and excellence in service delivery.
How does United Commercial Bank'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.
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.
United Commercial Bank's score of 27 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
United Commercial Bank, headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The bank's climate commitments and reduction initiatives are also not detailed, indicating a lack of publicly stated targets or pledges. However, it is important to note that United Commercial Bank's emissions data and performance metrics are cascaded from its parent company, East West Bank, at a cascade level of 1. This means that any relevant climate initiatives or emissions data would be derived from East West Bank's disclosures. As of now, United Commercial Bank has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other recognised frameworks. The absence of reported emissions and reduction initiatives suggests that the bank may still be in the early stages of developing its climate strategy. In summary, while United Commercial Bank is part of a larger corporate family that may have climate commitments, it currently lacks specific emissions data and reduction targets of its own.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | |
|---|---|
| Scope 1 | 493,000 |
| Scope 2 | 2,011,000 |
| Scope 3 | - |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
United Commercial Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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