United Overseas Bank Ltd

Common Name
United Overseas Bank
Country
Singapore
Sector
Financial Services
Industry
Banks - Regional
Employees
32,071
Ticker
U11
Exchange
SINGAPORE EXCHANGE
Description
United Overseas Bank Ltd. is a prominent financial institution in Southeast Asia, primarily offering financial services and solutions to individuals and businesses. It operates as a full-service bank,...

United Overseas Bank's Climate Target Data Preview

As of 2024, United Overseas Bank has disclosed 10 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 10 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into United Overseas Bank ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity from Unspecified Activities
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Singapore Dollar (SGD) of Revenue
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
Copy restricted. Please purchase to unlock this data.
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity from Unspecified Activities
Copy restricted. Please purchase to unlock this data.
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
Copy restricted. Please purchase to unlock this data.
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
Copy restricted. Please purchase to unlock this data.
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Singapore Dollar (SGD) of Revenue
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2050
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into United Overseas Bank's Greenhouse Gas Emissions Pathways

As of 2024, United Overseas Bank has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations.

Does United Overseas Bank have a target to reduce the emissions from its value chain?

As of 2024, United Overseas Bank has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

United Overseas Bank's most ambitious value chain target is to reduce these emissions by 100% by 2050, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer in 2022.

As of 2023, United Overseas Bank is ahead of schedule on its value chain emissions reduction target, having achieved 12.32% of the planned reduction.

United Overseas Bank's Value Chain (Scope 3) Emissions Pathway

202220232030205000000BaselineCurrent (-12%)Target 2030 (-58%)Target 2050 (-100%)
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