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. Corporate and Wholesale Banking Operations contribute major revenue. The bank generates the majority of its revenue domestically. The Government of India is the majority shareholder.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 887 out of 1022
Universe
Global Universe 11519 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Banco de Sabadell SA |
12.9
Low
|
82 out of 1022 |
Hua Nan Financial Holdings Co., Ltd. |
24.5
Medium
|
425 out of 1022 |
Grupo Elektra SAB de CV |
30.3
High
|
811 out of 1022 |
IDBI Bank Ltd. |
31.2
High
|
864 out of 1022 |
Union Bank of India |
31.8
High
|
887 out of 1022 |
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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