According to UOB’s 170-page sustainability report 2024, released March 21, the bank will prioritise the agriculture, metals and mining, and built environment sectors “as they are the most material in terms of portfolio size and potential risk”.
United Overseas Bank (UOB) has identified nature-related risks among its portfolio clients in the agricultural production, mining and quarrying, and building construction and development sectors.
Together with clients engaged in waste management and oil and gas exploration and production, these five sub-sectors account for about 20% of UOB’s overall corporate loan book.
