Union Bank of India Ltd

Common Name
Union Bank of India
Country
India
Sector
Financial Services
Industry
Banks - Regional
Employees
73,945
Ticker
UNIONBANK
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Union Bank of India, a prominent Indian public sector bank, serves a key role in the country's banking and financial systems. With its origins dating back to 1919, the bank has steadily expanded its s...

Union Bank of India's GHG Emissions Data Preview

In 2025, Union Bank of India completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Union Bank of India has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 2
Unspecified Calculation Method
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Download Data

Verified Sources Behind Union Bank of India’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Union Bank of India’s data sources below and access millions more through our Disclosure Search.

a. Union Bank of India's Annual Report 2025
a. Union Bank of India's Annual Report 2025
b. Union Bank of India's Annual Report 2024
b. Union Bank of India's Annual Report 2024

Insights into Union Bank of India's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Union Bank of India amounted to 178,127 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Union Bank of India decreased by 60.64%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Union Bank of India's Scope 1 Emissions Over Time

2022202320242025075 k150 k225 k300 ktCO2e-3%-1%-96%
  • Total Scope 1
  • Year-over-Year Change

What are Union Bank of India's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Union Bank of India were 11,166 metric tons of CO₂ equivalent (tCO₂e). a

Has Union Bank of India reduced its Scope 1 emissions over time?

Since 2022, Union Bank of India's Scope 1 emissions have decreased by 96.06%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2024), Union Bank of India's Scope 1 emissions decreased by 95.9%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b

What are Union Bank of India's Scope 2 emissions?

In 2025, Union Bank of India reported Scope 2 greenhouse gas (GHG) emissions of 166,961 tCO₂e without specifying the calculation method. a

Has Union Bank of India reduced its Scope 2 emissions over time?

Since 2022, Union Bank of India's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 13.58%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2024), Union Bank of India's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Union Bank of India 's emissions have plateaued with no significant change in its energy consumption footprint. a b

What methodology does Union Bank of India use for Scope 2 reporting?

In 2025, Union Bank of India reported its Scope 2 emissions using an unspecified methodology. a

Union Bank of India's Scope 2 Emissions Over Time

2022202320242025065 k130 k195 k260 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Union Bank of India's Value Chain Emissions

In 2025, Union Bank of India reported 32,464,377 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2025 disclosure of Union Bank of India includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Union Bank of India's Scope 3 Emissions Over Time

202508.5 M17 M25.5 M34 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Union Bank of India's Scope 3 emissions?

In 2025, Union Bank of India reported total Scope 3 emissions of 32,464,377 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.72% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.28% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does Union Bank of India disclose?

In 2025, Union Bank of India reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Union Bank of India's Scope 3 emissions?

In 2025, the largest contributors to Union Bank of India's Scope 3 emissions were: a

  • Investments (Cat. 15): 32,229,644 tCO₂e (99.28%)
  • Employee Commuting (Cat. 7): 100,677 tCO₂e (0.31%)
  • Fuel- and Energy-Related Services (Cat. 3): 41,347 tCO₂e (0.13%)

Union Bank of India's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.3%)

Insights into Union Bank of India’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Union Bank of India reported Scope 1 greenhouse gas (GHG) emissions of 11,166 tCO₂e and total revenues of USD 6,945 millions. This translates into an emissions intensity of 1.61 tCO₂e per millions USD. a

Union Bank of India's Scope 1 Emissions Intensity Compared to Peers

2050020,000500,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)Indusind BankYear: 2025Scope 1: 20,425 tCO2eRevenue: $M 3,128Scope 1 Intensity: 6.53 tCO2e/$MRBL BankYear: 2024Scope 1: 116 tCO2eRevenue: $M 1,076Scope 1 Intensity: 0.11 tCO2e/$MYes BankYear: 2025Scope 1: 4,586 tCO2eRevenue: $M 1,765Scope 1 Intensity: 2.60 tCO2e/$MBank of IndiaYear: 2025Scope 1: 9,106 tCO2eRevenue: $M 3,967Scope 1 Intensity: 2.30 tCO2e/$MCanara BankYear: 2025Scope 1: 17,263 tCO2eRevenue: $M 8,318Scope 1 Intensity: 2.08 tCO2e/$MBank of MaharashtraYear: 2025Scope 1: 804 tCO2eRevenue: $M 1,610Scope 1 Intensity: 0.50 tCO2e/$MAxis BankYear: 2025Scope 1: 11,347 tCO2eRevenue: $M 9,936Scope 1 Intensity: 1.14 tCO2e/$MState Bank of IndiaYear: 2024Scope 1: 147,240 tCO2eRevenue: $M 38,806Scope 1 Intensity: 3.79 tCO2e/$MIndian BankYear: 2023Scope 1: 3,198 tCO2eRevenue: $M 3,419Scope 1 Intensity: 0.94 tCO2e/$MSouth Indian BankYear: 2023Scope 1: 201 tCO2eRevenue: $M 482Scope 1 Intensity: 0.42 tCO2e/$MICICI BankYear: 2025Scope 1: 26,337 tCO2eRevenue: $M 24,059Scope 1 Intensity: 1.09 tCO2e/$MHDFC BankYear: 2025Scope 1: 78,000 tCO2eRevenue: $M 27,756Scope 1 Intensity: 2.81 tCO2e/$MBank of BarodaYear: 2025Scope 1: 1,807 tCO2eRevenue: $M 8,154Scope 1 Intensity: 0.22 tCO2e/$MPunjab National BankYear: 2025Scope 1: 10,621 tCO2eRevenue: $M 6,994Scope 1 Intensity: 1.52 tCO2e/$MFederal BankYear: 2025Scope 1: 2,111 tCO2eRevenue: $M 1,685Scope 1 Intensity: 1.25 tCO2e/$MKotak Mahindra BankYear: 2025Scope 1: 15,508 tCO2eRevenue: $M 8,929Scope 1 Intensity: 1.74 tCO2e/$MIndian Overseas BankYear: 2025Scope 1: 5,676 tCO2eRevenue: $M 1,932Scope 1 Intensity: 2.94 tCO2e/$MBandhan BankYear: 2024Scope 1: 1 tCO2eRevenue: $M 1,475Scope 1 Intensity: 0.00 tCO2e/$MCentral Bank of IndiaYear: 2025Scope 1: 7,084 tCO2eRevenue: $M 2,325Scope 1 Intensity: 3.05 tCO2e/$MAU Small Finance BankYear: 2025Scope 1: 317 tCO2eRevenue: $M 1,234Scope 1 Intensity: 0.26 tCO2e/$MDCB BankYear: 2023Scope 1: 454 tCO2eRevenue: $M 259Scope 1 Intensity: 1.75 tCO2e/$MKarnataka BankYear: 2024Scope 1: 17 tCO2eRevenue: $M 556Scope 1 Intensity: 0.03 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MIDBI BankYear: 2025Scope 1: 2,361 tCO2eRevenue: $M 2,106Scope 1 Intensity: 1.12 tCO2e/$MUCO BankYear: 2025Scope 1: 890 tCO2eRevenue: $M 1,643Scope 1 Intensity: 0.54 tCO2e/$MUnion Bank of IndiaYear: 2025Scope 1: 11,166 tCO2eRevenue: $M 6,945Scope 1 Intensity: 1.61 tCO2e/$M

How does Union Bank of India's GHG emissions intensity compare to its peers?

In 2025, Union Bank of India reported a Scope 1 emissions intensity of 1.61 tCO₂e per millions USD. Compared to the peer group median of 1.25 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Union Bank of India rank on GHG emissions intensity within its industry?

In 2025, Union Bank of India ranked 15 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Union Bank of India is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Union Bank of India's Total Carbon Footprint

In 2025, Union Bank of India reported a total carbon footprint of 32,642,504 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7,112.17% increase compared to 2024, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Union Bank of India's total carbon footprint was Scope 3 emissions, accounting for 99.45% of the company's total carbon footprint, followed by Scope 2 emissions at 0.51%. a

Want Full Access to Union Bank of India's GHG Emissions Dataset?
Sign Up