In 2023, United Overseas Bank disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
United Overseas Bank also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, United Overseas Bank also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, United Overseas Bank also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate United Overseas Bank's reliance on fossil fuels versus cleaner alternatives.
Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, United Overseas Bank consumed a total of 547,071.1 Gigajoules of energy across its operations. Of this total, 88.9% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 11.1% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
In 2023, United Overseas Bank consumed a total of 547,071.1 Gigajoules of energy, of which 88.9% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This high level of renewable energy use suggests that United Overseas Bank has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.
Since 2019, United Overseas Bank's total energy consumption increased by 10.36%, including a 2.41% increase in 2023, reflecting a sustained rise in overall energy demand.
Over the same period, the share of renewable energy in United Overseas Bank's consumption decreased by 1.03%, showing a recent negative trend in clean energy adoption.
In 2023, United Overseas Bank disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the United Overseas Bank's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
In 2023, United Overseas Bank's total energy consumption was primarily sourced from
In 2023, United Overseas Bank consumed energy from 4 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 91.14% of total consumption.