United Overseas Bank Ltd
United Overseas Bank's GHG Emissions Data Preview
In 2023, United Overseas Bank 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).
United Overseas Bank has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of United Overseas Bank amounted to 75,000 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of United Overseas Bank decreased by 0.13%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
United Overseas Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are United Overseas Bank's Scope 1 emissions?
In 2023, the total Scope 1 emissions of United Overseas Bank were 4,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2022), United Overseas Bank's Scope 1 emissions decreased by 17%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are United Overseas Bank's Scope 2 emissions?
In 2023, United Overseas Bank reported Scope 2 greenhouse gas (GHG) emissions of 1,600 tCOâ‚‚e using the market-based method, and 70,200 tCOâ‚‚e using the location-based method.
Has United Overseas Bank reduced its Scope 2 emissions over time?
Since 2018, United Overseas Bank's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that United Overseas Bank 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), United Overseas Bank's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that United Overseas Bank 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does United Overseas Bank use for Scope 2 reporting?
In 2023, United Overseas Bank reported its Scope 2 emissions using the market-based method and using the location-based method.
United Overseas Bank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into United Overseas Bank's Value Chain Emissions
In 2023, United Overseas Bank reported 14,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of United Overseas Bank includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
United Overseas Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are United Overseas Bank's Scope 3 emissions?
In 2023, United Overseas Bank reported total Scope 3 emissions of 14,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Has United Overseas Bank reduced its Scope 3 emissions over time?
Since 2018, United Overseas Bank's Scope 3 emissions have increased by 36.89%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), United Overseas Bank's Scope 3 emissions increased by 253.65%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does United Overseas Bank disclose?
In 2023, United Overseas Bank reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of United Overseas Bank's Scope 3 emissions?
In 2023, the largest contributors to United Overseas Bank's Scope 3 emissions were:
- Business Travel (Cat. 6): 14,100 tCOâ‚‚e (100%)
United Overseas Bank's Scope 3 Emissions by Categories
Insights into United Overseas Bank's Total Carbon Footprint
In 2023, United Overseas Bank reported a total carbon footprint of 89,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.67% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to United Overseas Bank's total carbon footprint was Scope 2 emissions, accounting for 78.79% of the company's total carbon footprint, followed by Scope 3 emissions at 15.82%.