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) | 2025 | 2024 | 2023 | 2022 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2025, the total Scope 1 emissions of Union Bank of India were 11,166 metric tons of CO₂ equivalent (tCO₂e). a
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
In 2025, Union Bank of India reported Scope 2 greenhouse gas (GHG) emissions of 166,961 tCO₂e without specifying the calculation method. a
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
In 2025, Union Bank of India reported its Scope 2 emissions using an unspecified methodology. a
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
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
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.
In 2025, the largest contributors to Union Bank of India's Scope 3 emissions were: a
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
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
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
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