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Financial Intermediation
TH
updated 4 days ago

United Overseas Bank (Thai) Public Company Limited

Company website

United Overseas Bank (Thai) Public Company Limited, commonly known as UOB Thailand, is a prominent financial institution headquartered in Bangkok, Thailand. Established in 1935, UOB Thailand has grown to become a key player in the banking sector, offering a wide range of services across retail banking, corporate banking, and wealth management. With a strong presence in major operational regions throughout Thailand, UOB Thailand is recognised for its innovative financial solutions tailored to meet the diverse needs of its customers. The bank's core products include personal loans, credit cards, and investment services, distinguished by their customer-centric approach and competitive rates. UOB Thailand has achieved notable milestones, solidifying its market position as a trusted banking partner, and continues to enhance its service offerings to adapt to the evolving financial landscape.

DitchCarbon Score

How does United Overseas Bank (Thai) Public Company Limited'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.

41

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

United Overseas Bank (Thai) Public Company Limited's score of 41 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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United Overseas Bank (Thai) Public Company Limited's reported carbon emissions

In 2023, United Overseas Bank (Thai) Public Company Limited reported total carbon emissions of approximately 11,900,000 kg CO2e, comprising 1,500,000 kg CO2e from Scope 1, 9,900,000 kg CO2e from Scope 2, and 500,000 kg CO2e from Scope 3 emissions. This represents a decrease from 2022, where total emissions were about 12,500,000 kg CO2e, with Scope 1 emissions at 1,800,000 kg CO2e and Scope 2 emissions at 10,600,000 kg CO2e. The bank has set ambitious targets to reduce its greenhouse gas emissions intensity. Specifically, it aims for a 14% reduction in Scope 2 emissions intensity by 2030, using 2018 as the baseline year. Additionally, it targets a 14% reduction in electricity use intensity within the same timeframe. United Overseas Bank (Thai) is a current subsidiary of United Overseas Bank Limited, which influences its emissions data through a cascading relationship. The emissions data reported is part of a broader commitment to sustainability and climate action, aligning with industry standards and practices.

Unlock detailed emissions data

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

201820192020202120222023
Scope 1
-
-
-
000,000
0,000,000
0,000,000
Scope 2
11,300,000
00,000,000
0,000,000
0,000,000
00,000,000
0,000,000
Scope 3
-
-
-
-
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. United Overseas Bank (Thai) Public Company Limited'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 United Overseas Bank (Thai) Public Company Limited is in TH, which has a low 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.

United Overseas Bank (Thai) Public Company Limited 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

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Where does DitchCarbon data come from?

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