Sustainability / ကျွန်ုပ်တို့၏ကတိကဝတ်
Leading the way towards a better Myanmar, humanising banking, connecting people, creating opportunities and changing lives
We define the term “Sustainability” as economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
Board Statement on Sustainability
Aligning Business and Sustainability Goals at uab Bank
uab bank recognises that its financial success is deeply connected to the well-being of its customers, employees, communities, and the environment. As a purpose-driven institution, we are committed to making positive social, economic, and environmental impacts.
The UN Sustainable Development Goals (SDGs) serve as a cornerstone of our sustainability efforts, and our reports highlight how we contribute to these global targets.
uab bank has prioritised financing clean energy projects, contributing to the global effort to limit temperature rises to 1.5°C. We aim to expand our financing of renewable energy projects each year. Furthermore, uab bank currently does not provide funding for fossil fuel power generation and is actively seeking opportunities in solar and alternative energy sectors.
At the operational level, we are committed to reducing our carbon footprint by exploring alternative energy sources. Our ongoing targets include implementing solar energy at our branches and acquiring electric vehicles for the bank’s fleet. We are also pursuing a digital transformation to reduce paper waste and offer lifestyle tools for our customers.
Sustainability Office: George Koshy ([email protected])
Read our Sustainability Report here: