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Direct Environmental Impact
We are committed to maintaining carbon neutrality for our operations . Our operational emissions target is to reduce 25 per cent of our combined Scope 1 and 2 emissions intensity by 2030 against the 2018 baseline.
Mitigating our environmental footprint
UOB’s direct impact on the environment results primarily from the production, transport, consumption and disposal of our resources, including energy, water, paper and other supplies. As such, we concentrate on energy conservation and resource management through optimisation, digitalisation and workflow automation, while managing our premises efficiently in alignment with industry best practices and leading green building certification standards.
We aim to achieve green certifications for our strategic buildings, including newly-acquired or retrofitted buildings regionally, as well as new and retrofitted office spaces in Singapore. Our Sustainable Real Estate Design Guidelines and Sustainable Real Estate Operation Guidelines prioritise a holistic view of environmental performance, encompassing climate resilience, energy efficiency, access to nature, use of low carbon materials and sustainable consumables, as well as waste segregation and recycling.
Three key areas in our operational decarbonisation
We are adding more sustainability features where feasible, across our buildings including:
More energy-efficient LED lighting systems
Smart building sensors to manage lighting and lifts optimally
Optimisation and upgrading of air conditioning systems to improve energy efficiency
Decarbonisation of our vehicle fleet either through hybrid or electrification option
We use clean energy sources through the procurement of:
On-site, rooftop solar power systems for our office or branch locations, where feasible
High-quality Renewable Energy Certificates (RECs) from renewable energy projects registered with international registries such as International Renewable Energy Certificate (I‑REC) or Tradable Instrument for Global Renewables (TIGR)
We use high-quality carbon offsets registered with international standards such as the Gold Standard and Verified Carbon Standard for our remaining carbon emissions, through projects such as:
Solar energy projects and cleaner cookstove projects
Related
Net zero commitment
Our commitment is grounded in the need for a just transition that continues to support socioeconomic growth and improve energy access in ASEAN.
Sustainable procurement
We seek to align our procurement activities with our ESG goals and support suppliers who are committed to the same.
Workplace safety, health and well-being
We are committed to building a workplace environment that ensures our people's safety, health and well-being.
Related
Net zero commitment
Our commitment is grounded in the need for a just transition that continues to support socioeconomic growth and improve energy access in ASEAN.
Sustainable procurement
We seek to align our procurement activities with our ESG goals and support suppliers who are committed to the same.
Workplace safety, health and well-being
We are committed to building a workplace environment that ensures our people's safety, health and well-being.
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