United Commercial Bank PLC
United Commercial Bank PLC, commonly referred to as UCB, is a prominent financial institution headquartered in Dhaka, Bangladesh. Established in 1983, UCB has grown to become a key player in the banking sector, offering a wide range of services across retail, corporate, and investment banking. With a strong presence in major operational regions throughout Bangladesh, UCB is recognised for its innovative banking solutions, including personal loans, credit cards, and SME financing. The bank's commitment to customer service and technological advancement has positioned it as a leader in the industry. UCB has achieved several milestones, including the introduction of digital banking services, which enhance accessibility for clients. Its reputation for reliability and customer-centric approach has solidified its market position, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does United 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.
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
United Commercial Bank PLC's score of 25 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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United Commercial Bank PLC's reported carbon emissions
In 2023, United Commercial Bank PLC reported total carbon emissions of approximately 21,115,240 kg CO2e. This figure includes 7,755,210 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 9,486,620 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the bank's Scope 3 emissions, which encompass all other indirect emissions, amounted to 3,873,410 kg CO2e. Despite the significant emissions reported, there are currently no specific reduction targets or climate pledges outlined by United Commercial Bank PLC. The bank has not cascaded any emissions data from a parent or related organization, indicating that all reported figures are derived directly from its own operations. As a financial institution headquartered in Bangladesh, United Commercial Bank PLC is positioned within an industry increasingly focused on sustainability and climate commitments. However, the absence of defined reduction initiatives highlights an area for potential growth in their environmental strategy.
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| 2023 | |
|---|---|
| Scope 1 | 7,755,210 |
| Scope 2 | 9,486,620 |
| Scope 3 | 3,873,410 |
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.
United 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.
