United Overseas Bank Limited · SGX:U11
United Overseas Bank — ESG Presentation (September 2021)
22 slides from United Overseas Bank's sustainability presentation, September 2021
Slide 1: UOB Sustainability Showcase
UOB Sustainability Showcase Forging a sustainable future September 2021 Disclaimer: The material in this presentation contains general background information about United Overseas Bank Limited (“UOB”) and its activities as at the date of the presentation. The information is given in summary form and
Slide 2: Our Sustainability Strategy
Our Sustainability Strategy
Slide 3: Key Stakeholders Driving Sustainability Mainstream
Key Stakeholders Driving Sustainability Mainstream GOVERNMENTS rolling out sustainable development plans (e.g. Singapore Green Plan) Changing the way our customers work, live, invest (including UOB’s own footprint) ASSET MANAGERS hardening stance on sustainability (e.g. Blackrock) With increasing ef
Slide 4: Four Pillars of Our Sustainability Strategy
Four Pillars of Our Sustainability Strategy UOB supports all 17 UN SDGs and actively promotes them with our stakeholders 4
Slide 5: Building our Portfolio of Green Assets
Building our Portfolio of Green Assets
Slide 6: Group Wholesale Banking ESG Strategy
Group Wholesale Banking ESG Strategy Delivering tangible impact Across all client segments Aligned to respective ASEAN country’s ESG agenda and support Tailored to industry readiness and adoption OBJECTIVE Our solutions aim to maximise impact across industries; number of customers and partners
Slide 7: US$1 trillion in Green and Sustainable Opportunities for Southeast Asia
US$1 trillion* in Green and Sustainable Opportunities for Southeast Asia Targeted SDGs** Renewable and Green Buildings, 1 Transitional Energy, and Circular Economy 4 Energy Connectivity, Efficient Manufacturing and Shared Mobility Sustainable Green and Energy and Connected Resources Cities 1 4 2 3 F
Slide 8: Four UOB Green Umbrella Frameworks
Four UOB Green Umbrella Frameworks Frameworks and solution suites are applicable across all sectors $ Real Estate Sustainable Smart City Sustainable Green Financing for Green and Sustainable Trade Financing Financing Framework Circular Economy Finance and Working Capital Framework was supported by M
Slide 9: Singapore's Green Plan 2030
Singapore’s Green Plan 2030 Real Estate Sustainable Smart City Sustainable Circular Economy Financing Financing Opportunities Financing Opportunities Opportunities Green Economy To be the Green Finance Hub in Become a leading Carbon Trading and Attract R&D activities in Singapore Green Finance, Asia
Slide 10: Bridging Scope 3 Gaps to Net Zero Commitments
Bridging Scope 3 Gaps to Net Zero Commitments… Companies with net zero targets Net zero targets by coverage Scope 3 emissions* % of targets by sales % of targets by sales After 2050 No data Scope 1&2 13% 9% Transportation Processing of Use of sold 5% and distribution raw materials products Before 20
Slide 11: ... and Asian suppliers play a major role in the ambition
… and Asian suppliers play a major role in the ambition Significant global trade flows from Asia EU Carbon Border Adjustment Mechanism Top 20 global CO2 export flows (Mt CO2, 2015) The European Union is proposing a Carbon Border Adjustment Mechanism (CBAM), effective from 2023. Under the CBAM, produ
Slide 12: Managing Scope 3 Emissions
Managing Scope 3 Emissions Global large corporates are likely to prioritise suppliers# who can support their net-zero commitments. 2 out of 3 Up to US$1 trillion* aim to tackle supply chain emissions worth of opportunities at risk for by removing suppliers suppliers who are not stepping up on in the
Slide 13: Our Solutions Leveraging our Footprint
Our Solutions Leveraging our Footprint
Slide 14: Comprehensive Regional Banking Franchise
Comprehensive Regional Banking Franchise Extensive regional footprint with ~500 offices Most diverse regional franchise Myanmar Greater China1 among Singapore banks; effectively 2 offices 28 offices full control of regional subsidiaries Thailand Vietnam Integrated regional platform 153 offices 4
Slide 15: U-Solar
U-Solar is Asia’s first Integrated Solar Energy Platform launched by UOB in 2019 U-Solar Game changer for the solar energy Programme Coordinated ‘One Bank’ effort ecosystem in Asia across segments, products and multiple stakeholders • First in Asia to have an integrated solar platform across the val
Slide 16: Powering Solar Projects across Southeast Asia
Powering Solar Projects across Southeast Asia Singapore Thailand Launched on 26 November 2019 Launched on 5 February 2020 Malaysia Indonesia Launched on 8 November 2019 Launched on 22 October 2019 16
Slide 17: Pilot Clients under UOB's Green and Sustainable Trade Finance Framework
Pilot Clients under UOB’s Green and Sustainable Trade Finance Framework 17
Slide 18: Real Estate Sustainable Financing in the Region
Real Estate Sustainable Financing in the Region Selected headlines* Park Hotel Group secures its first green loan of S$237 million under the UOB Real Estate Sustainable Finance Framework Marks the largest green loan for hotel properties in Singapore from a single financial institution The Farrer Par
Slide 19: Plastics Recycling Industry Growth
Plastics Recycling Industry Growth Government Roadmaps • Malaysia: A circular economy roadmap for Malaysia/Hong Kong bottles by 2022-2025 Industry Park Virgin Recycled feedstock pellets • Thailand: To use 100% recycled plastics in various form by 2027 Plastics recycling trends Recycled plastics cons
Slide 20: UOB's Responsible Financing Journey
UOB’s Responsible Financing Journey: Pragmatic and progressive 2018 2019 2020 Rolled out ESG risk classification to Discontinued (i) new project Strengthened due diligence process better manage ESG risk in portfolio financing of coal-fired power plant with enhanced checklist and climate- Led
Slide 21: ESG Ratings, Rankings and Indices
ESG Ratings, Rankings and Indices Recognised by extra-financial rating agencies and included in leading sustainability indices A C 19.6 Ratings As at Aug 2021 As at 20201 Low Risk2, as at Jun 2021 MSCI ESG Ratings CDP Climate Change Sustainalytics Score ESG Risk Rating Top 20 #2 #2 Rankings Among AS
Slide 22: Thank You
it UOB Thank You
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