Union Bank of India Secures Moody’s SQS2 For Sustainable Framework

Moody’s Ratings has issued a Second Party Opinion (SPO) on the Union Bank of India’s Sustainable Financing Framework, assigning a rating of SQS2 – “Very Good Sustainability Quality”. This rating is the second-highest on Moody’s Sustainability Quality Score (SQS) scale, underscoring the Bank’s strong commitment to sustainable and responsible financing.

The Second Party Opinion by Moody’s Ratings is a globally recognized benchmark that provides independent assurance on the credibility and robustness of sustainability frameworks. This opinion fosters transparency for investors and stakeholders, reaffirming alignment of Union Bank of India’s Sustainable Financing Framework with international best practices and meaningful contribution to environmental and social objectives.

Union Bank of India remains steadfast in its mission to integrate sustainability into its core operations and financing activities, reinforcing its vision of creating long-term value for environment, society and the future generations.

Union Bank of India is one of India’s leading public sector banks, committed to delivering innovative financial solutions while promoting sustainable development.