UOB commits to 2050 net zero targets to support a just transition for ASEAN
SINGAPORE, Nov. 7, 2022 /PRNewswire/ --UOB today announced ambitious commitments to reach net zero by 2050. This underlines its goal to support a just transition that advances sustainable socioeconomic development in tandem with decarbonisation in Southeast Asia. UOB's commitments cover six sectors, which make up about 60 per cent of its corporate lending portfolio. These six sectors are power, automotive, oil and gas, which are part of the energy value chain, as well as real estate, construction and steel, which are part of the built environment value chain. Using internationally-recognis...
Source: philippinetimes.com
