United Overseas Bank
United Overseas Bank (UOB) is a leading financial institution headquartered in Singapore (SG), with a strong presence across Southeast Asia and beyond. Founded in 1935, UOB has established itself as a key player in the banking industry, offering a comprehensive range of services including personal banking, corporate banking, and wealth management.
UOB is renowned for its innovative financial solutions, such as its digital banking services and tailored investment products, which cater to the diverse needs of its customers. The bank's commitment to customer-centricity and sustainability has earned it numerous accolades, solidifying its position as a trusted partner in the financial sector. With a rich history and a focus on growth, UOB continues to expand its footprint while maintaining a strong reputation for reliability and excellence in service.
+27 vs industry average
United Overseas Bank’s score of 62 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
United Overseas Bank's reported carbon emissions
In 2025, United Overseas Bank (UOB) reported total carbon emissions of approximately 66,000,000 kg CO2e. This figure includes Scope 1 emissions of about 4,200,000 kg CO2e, Scope 2 emissions of approximately 2,300,000 kg CO2e, and Scope 3 emissions of around 4,500,000 kg CO2e. Notably, UOB has set ambitious targets to reduce its carbon footprint, aiming for a 25% reduction in combined Scope 1 and 2 emissions intensity by 2030, using 2018 as the baseline year. Additionally, the bank is committed to achieving net-zero emissions for Scope 1 and 2 by 2050, aligning its targets with the Paris Agreement to limit global temperature rise to 1.5 °C. UOB's emissions data is not cascaded from any parent organization, and the bank actively reports its sustainability initiatives through its own channels. The bank's commitment to maintaining carbon neutrality for its operations further underscores its dedication to environmental sustainability.
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United Overseas Bank’s Climate Goals (2030 & 2050)
5 goals2050
The targets will be aligned to the goals of the Paris Agreem…
The targets will be aligned to the goals of the Paris Agreement to keep global temperature rise to 1.5 °C in this century and strive to help…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
2 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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