HomeOur ApproachOur approach

Our approach

As one of Asia’s leading banks, UOB has a duty to contribute to the Thailand’s long-term economic, social and environmental well-being.

Strategy

Our sustainability strategy is embedded in our business and aligns with the UN SDGs

Materiality

We identify and review regularly material ESG factors which matter most to our business

Stakeholder engagement

We engage our stakeholders through dialogue and collaboration

Governance

Our sustainability governance framework guides our approach to conducting business

UOB is committed to upholding the highest ethical standards, including through regulatory compliance and respect of human rights.

Regulatory compliance

AML, CFT and sanctions

We have robust protocols and processes for anti-money laundering (AML), countering the financing of terrorism (CFT), and sanctions

Anti-fraud

We proactively manage fraud risks across our branches, internet banking and mobile banking channels through our governance framework

Anti-bribery and anti-corruption

We adopt a strong stance against bribery and corruption, with our Code of Conduct specifying zero tolerance to bribery and corruption in all forms

Human Rights

UOB Code of Conduct

UOB Code of Conduct

Our UOB Code of Conduct lays down the principles of personal and professional behavior, including respect of human rights, expected of all UOB employees

Modern Slavery Statement

Modern Slavery Statement

UOB’s Modern Slavery Statement reiterates our actions to mitigate risks of slavery and human trafficking within our business and supply chain

UOB Thailand Sustainability Report 2022

 

Learn more about our sustainability approach, objectives and performance in the context of the year’s operating environment.