U
United Overseas Bank Limited
Sustainability Report and Carbon Intensity Rankings
Is United Overseas Bank Limited doing their part?
Their DitchCarbon score is 58
United Overseas Bank Limited has a DitchCarbon Score of 58 out of 100, indicating a moderate level of sustainability in its operations. This score reflects the bank’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would denote stronger efforts towards minimizing carbon intensity and enhancing sustainability.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
United Overseas Bank Limited operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
United Overseas Bank Limited is situated in a region with a very low carbon intensity rating, indicating a cleaner energy grid. This favorable location in Western Australia supports the bank’s sustainability efforts by reducing its carbon footprint.
Unlock 30+ emissions data points on United Overseas Bank Limited
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on United Overseas Bank Limited
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
7.17%
...this company is doing 7.17% better in emissions than the industry average.
United Overseas Bank Limited (UOB), founded in 1935, is a prominent financial institution headquartered in Singapore, serving the Asia Pacific region and beyond. Operating in the finance sector, UOB offers a comprehensive range of banking services and has a vast network with over 500 branches and offices in 19 countries. With a strong commitment to responsible banking and community support, UOB has established itself as a trusted bank with high credit ratings and a dedication to long-term value creation for customers.
emission intelligence's platform recommendations for United Overseas Bank Limited
United Overseas Bank Limited should set definitive and attainable reduction goals for all forms of purchased energy, including electricity, heat, steam, and cooling, to effectively monitor progress and uncover additional opportunities for emissions reduction, potentially decreasing their emissions by 30%.
Bad news, United Overseas Bank still without SBTi commitments
United Overseas Bank Limited has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is yet to define and announce clear, science-based targets for reducing its greenhouse gas emissions in line with global efforts to limit climate change.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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