UCO Bank has informed the Exchange regarding 'BRSR for the FY 2025-26'.
UCOBANK · price
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UCO Bank has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, a mandatory ESG disclosure under SEBI regulations. The bank operates across 28 states and 8 union territories with 17,245 domestic locations including 3,412 branches, 2,647 ATMs, and 11,136 business correspondent units, plus 3 international locations. The bank employs 20,993 permanent staff (70.5% male, 29.5% female) and 518 differently-abled employees. Financial highlights show turnover of Rs. 29,705 crore and net worth of Rs. 24,462 crore. The bank has adopted a Net Zero Transition Plan targeting carbon neutrality by 2056 (Scope 1 & 2 by 2050) and follows PCAF standards for financed emissions. The BRSR covers 12 material ESG issues including governance, cybersecurity, climate risk, and financial inclusion, with reasonable assurance provided by M/s K Ghosh & Associates.
The BRSR filing demonstrates UCO Bank's commitment to ESG transparency and responsible banking practices, which is positive for ESG-conscious investors. The Net Zero commitment and comprehensive governance disclosures strengthen the bank's sustainability credentials, though no immediate direct impact on stock price is expected from this routine regulatory filing.