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

The Second Party Opinion by Moodys 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 Indias 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 Indias leading public sector banks, committed to delivering innovative financial solutions while promoting sustainable development.