UCO BankUCO Bank - ESG Rating & Company Profile powered by AI

Industry Group:Banks

This assessment of UCO Bank was prepared by All Street Sevva using advanced NLP. If you work at UCO Bank and you wish to use your ESG aseessment, please get in touch. This page displays a zero-cost E,S&G assessment for UCO Bank.

UCO Bank in the Banks industry gained a UN SDG ESG Transparency Score of 6.7; made up of an environmental score of 7.0, social score of 6.2 and governance score of 6.9.

SDG Transparency Score for UCO Bank 
Low
0 - 3

6.7

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for UCO Bank 
7.0

Environmental

6.2

Social

6.9

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Landesbank Baden Wuerttemberg
9.5
High
1UniCredit Bank Austria AG
9.5
High
532Oita Bank Ltd
6.8
High
532Slovenska Sporitelna as
6.8
High
552UCO Bank
6.7
High
552Banco Santander-Chile
6.7
High
552Bank Central Asia Tbk PT
6.7
High
.........
2219sakartvelos bank'i ss
0.0
Low
2219AlphaCredit Capital, S.A. de C.V.
0.0
Low
.........
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Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does UCO Bank have an accelerator or VC vehicle to help deliver innovation?

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Does UCO Bank disclose current and historical energy intensity?

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Does UCO Bank report the average age of the workforce?

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Does UCO Bank reference operational or capital allocation in relation to climate change?

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Does UCO Bank disclose its ethnicity pay gap?

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Does UCO Bank disclose cybersecurity risks?

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Does UCO Bank offer flexible work?

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Does UCO Bank have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does UCO Bank disclose the number of employees in R&D functions?

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Does UCO Bank conduct supply chain audits?

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Does UCO Bank disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does UCO Bank conduct 360 degree staff reviews?

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Does UCO Bank disclose the individual responsible for D&I?

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Does UCO Bank disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does UCO Bank disclose current and / or historical scope 2 emissions?

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Does UCO Bank disclose water use targets?

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Does UCO Bank have careers partnerships with academic institutions?

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Did UCO Bank have a product recall in the last two years?

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Does UCO Bank disclose incidents of discrimination?

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Does UCO Bank allow for Work Councils/Collective Agreements to be formed?

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Has UCO Bank issued a profit warning in the past 24 months?

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Does UCO Bank disclose parental leave metrics?

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Does UCO Bank disclose climate scenario or pathway analysis?

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Does UCO Bank disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does UCO Bank disclose the pay ratio of women to men?

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Does UCO Bank support suppliers with sustainability related research and development?

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Does UCO Bank disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does UCO Bank reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is UCO Bank involved in embryonic stem cell research?

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Does UCO Bank disclose GHG and Air Emissions intensity?

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Does UCO Bank disclose its waste policy?

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Does UCO Bank report according to TCFD requirements?

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Does UCO Bank disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does UCO Bank disclose energy use targets?

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Does UCO Bank disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does UCO Bank have a policy relating to cyber security?

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Potential Risks for UCO Bank
These potential risks are based on the size, segment and geographies of the company.

UCO Bank provides a range of banking and financial services in India and internationally. It accepts deposit products, such as current accounts, saving accounts, salary accounts, fixed deposits, recurring deposits, accounts in foreign currency, salary accounts, and fee collection accounts. The company also provides agri, home, education, gold, personal, vehicle, and mortgage loans; finance to micro and small enterprises; working capital financing; term loans; infrastructure finance; and agriculture credit. In addition, it offers life, health, and general insurance products; credit and debit cards; internet banking services; and international banking services, including NRI banking, foreign currency loans, finance to exporters and importers, remittances, forex and treasury services, resident foreign currency deposits, and correspondent banking services to Indian customers, corporates, NRIs, overseas corporate bodies, foreign companies/individuals, and foreign banks. Further, the company provides government deposit schemes/bonds, pension payments/schemes, and tax collection services; merchant banking; and mutual funds. As of March 31, 2022, it operated 3072 domestic branches and 2 overseas branches. The company was formerly known as The United Commercial Bank Ltd. and changed its name to UCO Bank in December 1985. UCO Bank was founded in 1943 and is headquartered in Kolkata, India.

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