Union Bank of India receives ``CareEdge - ESG 1+`` ESG Rating by CareEdge ESG Ratings Positioned in the ``Leadership`` Category for ESG Performance
Union Bank of India has been assigned the “CareEdge -ESG 1+” ESG Rating by CareEdge ESG Ratings, under “Leadership” category for its strong Environmental, Social, and Governance (ESG) performance.
The CareEdge-ESG 1+ rating is among the highest ESG distinctions awarded by CareEdge and signifies the Bank’s commitment to sustainable banking practices, responsible governance, and socially inclusive initiatives. This recognition reflects Union Bank of India’s proactive measures to integrate ESG principles into its business operations, risk management frameworks, and strategic decision-making processes.
The rating highlights the Bank’s continuous efforts in areas like adoption of environmentally conscious lending practices; focus on financial inclusion and community development; robust governance structures and transparent disclosures & integration of ESG considerations into enterprise-wide risk management.
Union Bank of India remains committed to advancing its sustainability roadmap and contributing meaningfully to India’s broader ESG agenda.
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