UOB
Sorry, we don't know enough about UOB yet.
UOB has measured greenhouse gas emissions enabled by its lending and set emission reduction targets. It is also taking steps to increase its funding of renewable energy companies. Despite that, the bank continues to hold over a $ trillion of investments in toxic bonds.
Its exclusion policy is weak, in particular as it allows the bank to continue funding fossil fuel expansion.
We would like to see the bank be more transparent about its ratio of renewable energy / fossil fuel lending. It could start by making its CDP Climate Change questionnaire accessible.
Last reviewed:
Bank.Green was founded on the belief that banks have had an easy time from their customers for too long. Mass movements will pull us out of the climate crisis – and they'll pull UOB out, too.
Take Action Today
Every person who moves their money to a sustainable bank sends a powerful message. Join thousands of others in choosing to support a green future.
Find a Sustainable Bank