Union Bank of India
Description:Union Bank of India is an India-based bank engaged in providing banking and financial services to its customers. The Bank offers products and services in three categories: Deposits, Loans and Advances, and Remittances and Collections. Its segments include Treasury operations, Corporate and Wholesale Banking, Retail Banking operations and Other Banking operations. The treasury division is engaged in domestic treasury operations, forex operations, fixed income, derivative products, equity and other alternate asset classes. The Bank offers Internet banking, mobile banking and cash management services. The Bank offers its products and services for micro, small and medium enterprises (MSMEs). The Bank offers retail loans schemes for home loans, auto loans, educational loans and others. The Bank also offers various types of deposits, such as current, savings and term deposits. The Bank has a branch network of over 4,200 branches across the county and approximately four branches abroad.
Score on Element: Non-Discrimination
Description:This element measures companies disclosures, policies and knowledge systems on non-discriminatory employment practices and promotes diversity and inclusion in the workplace.
Score on Element: Employees Well-being
Description:This element measures companies disclosures, policies on freedom of association, fair living wages, safe, healthy and harassment-free workplaces and prohibition of forced and child labour. It measures systems to evaluate workers rights, labour issues and safety training to help the companies take corrective measures.
Score on Element: Community Development
Description:This element measures companies disclosures, policies and knowledge systems on its role in fostering community development by addressing local priorities and respecting local concerns and knowledge.
Score on Element: Supply Chain
Description:This element measures companies disclosures, policies and knowledge systems on its role in creating an environment in which the rights of workers throughout the supply chain are respected.
Score on Element: Community Business Stakeholder
Description:This element measures companies disclosures, policies and knowledge systems on recognising vulnerable communities as stakeholders and whether it is responsible and transparent about impact of its processes on these communities.