Union Bank of India
Industry Group: Banks
Country/Region: India
Identifier: BOM:532477
Union Bank of India is a retail, commercial and investment bank domiciled in India. The bank organizes operations across four main segments: Retail Banking Operations such as deposits and transaction accounts; Corporate and Wholesale Banking including private equity and corporate finance; Treasury Operations; and Other Banking Operations. Retail Banking Operations is the most significant segment, contributing the largest share of the bank's revenue. The bank generates the majority of revenue domestically. The Government of India is the majority shareholder.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 939 out of 1070
Universe
Global Universe 12552 out of 16421
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
CIMB Group Holdings Bhd. |
18
Low
|
195 out of 1070 |
Sumitomo Mitsui Trust Holdings, Inc. |
20.7
Medium
|
289 out of 1070 |
Resona Holdings, Inc. |
22.3
Medium
|
340 out of 1070 |
IndusInd Bank Ltd. |
30.1
High
|
844 out of 1070 |
Union Bank of India |
31.8
High
|
939 out of 1070 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Union Bank of India's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Union Bank of India's Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Union Bank of India's ESG Risk Rating in the last three years
Highest Controversy Level