Mumbai: 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.