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United Overseas Bank Ltd

Common Name
United Overseas Bank
Country
Singapore
Sector
Financial Services
Industry
Banks - Regional
Employees
31,222
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 2025, United Overseas Bank has disclosed 11 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 11 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
-20%a
2030
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
-25%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity from Unspecified Activities
-64%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
-58%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
-36%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Singapore Dollar (SGD) of Revenue
-31%a
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel Produced/Manufactured
-92%a
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity from Unspecified Activities
-98%a
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
-100%a
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
-97%a
2050
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Singapore Dollar (SGD) of Revenue
-85%a
2050
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind United Overseas Bank’s Climate Targets 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.

a. United Overseas Bank's Sustainability Report 2025

Insights into United Overseas Bank's Greenhouse Gas Emissions Pathways

As of 2025, United Overseas Bank has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a

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

As of 2025, United Overseas Bank has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

United Overseas Bank's most ambitious operational target is to reduce these emissions by 25% by 2030, compared to a baseline of 0.108 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2018.a

United Overseas Bank has already surpassed its operational emissions reduction target, with 2025 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a

United Overseas Bank's Operational (Scope 1+2) Emissions Pathway

20182025203000.030.060.090.12BaselineCurrent (-30%)

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

As of 2025, 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.a

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.a

As of 2025, United Overseas Bank is ahead of schedule on its value chain emissions reduction target, having achieved 25.36% of the planned reduction.a

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

202220252030205000000BaselineCurrent (-25%)Target 2030 (-58%)Target 2050 (-100%)
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