UOB: Adopts risk management framework Equator Principles
- UOB is a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific
- Announced that it has been approved to join the Equator Principles Association and has adopted the EPs
- The EPs provide financial institutions with a set of internationally recognised standards for due diligence
- As an EPFI, committing to the implementation of the EPs in its environmental and social policies, procedures
- Adoption of the EPs underscores the ongoing integration of sustainability into business strategy and lending practices
- The adoption of the EPs further strengthen the Bank’s processes and practices as it continually enhances its approach to ESG risk management
