Union Bank of Colombo PLCUnion Bank of Colombo PLC - ESG Rating & Company Profile powered by AI

Industry Group:Banks

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Union Bank of Colombo PLC in the Banks industry gained a UN SDG ESG Transparency Score of 4.0; made up of an environmental score of 4.0, social score of 3.4 and governance score of 4.6.

SDG Transparency Score for Union Bank of Colombo PLC 
Low
0 - 3

4.0

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Union Bank of Colombo PLC 
4.0

Environmental

3.4

Social

4.6

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
1175Pacific Premier Bancorp Inc
4.1
High
1175Veritex Holdings Inc
4.1
High
1194Union Bank of Colombo PLC
4.0
High
1194Bank Ozk
4.0
High
1194Abu Dhabi Islamic Bank Egypt SAE
4.0
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
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Frequently Asked Questions

Does Union Bank of Colombo PLC have an accelerator or VC vehicle to help deliver innovation?

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Does Union Bank of Colombo PLC disclose current and historical energy intensity?

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Does Union Bank of Colombo PLC report the average age of the workforce?

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Does Union Bank of Colombo PLC reference operational or capital allocation in relation to climate change?

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Does Union Bank of Colombo PLC disclose its ethnicity pay gap?

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Does Union Bank of Colombo PLC disclose cybersecurity risks?

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Does Union Bank of Colombo PLC offer flexible work?

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

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Does Union Bank of Colombo PLC disclose the number of employees in R&D functions?

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Does Union Bank of Colombo PLC conduct supply chain audits?

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Does Union Bank of Colombo PLC 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 Union Bank of Colombo PLC conduct 360 degree staff reviews?

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Does Union Bank of Colombo PLC disclose the individual responsible for D&I?

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Does Union Bank of Colombo PLC 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 Union Bank of Colombo PLC disclose current and / or historical scope 2 emissions?

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Does Union Bank of Colombo PLC disclose water use targets?

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Does Union Bank of Colombo PLC have careers partnerships with academic institutions?

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Did Union Bank of Colombo PLC have a product recall in the last two years?

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Does Union Bank of Colombo PLC disclose incidents of discrimination?

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Does Union Bank of Colombo PLC allow for Work Councils/Collective Agreements to be formed?

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Has Union Bank of Colombo PLC issued a profit warning in the past 24 months?

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Does Union Bank of Colombo PLC disclose parental leave metrics?

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Does Union Bank of Colombo PLC disclose climate scenario or pathway analysis?

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Does Union Bank of Colombo PLC disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Union Bank of Colombo PLC disclose the pay ratio of women to men?

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Does Union Bank of Colombo PLC support suppliers with sustainability related research and development?

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

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Does Union Bank of Colombo PLC 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 Union Bank of Colombo PLC involved in embryonic stem cell research?

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Does Union Bank of Colombo PLC disclose GHG and Air Emissions intensity?

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Does Union Bank of Colombo PLC disclose its waste policy?

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Does Union Bank of Colombo PLC report according to TCFD requirements?

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

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Does Union Bank of Colombo PLC disclose energy use targets?

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Does Union Bank of Colombo PLC disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Union Bank of Colombo PLC have a policy relating to cyber security?

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

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