Union Bank of India Receives SQS2 Rating from Moody’s

Mumbai | January 21, 2026: Union Bank of India has received a major boost to its sustainability credentials. Moody’s Ratings has assigned the bank an SQS2 – “Very Good Sustainability Quality” rating for its Sustainable Financing Framework.

This Union Bank sustainability rating is the second-highest score on Moody’s Sustainability Quality Score (SQS) scale.

Moody’s Issues Second Party Opinion on Framework

Moody’s Ratings issued a Second Party Opinion (SPO) after a detailed review of Union Bank of India’s Sustainable Financing Framework. This opinion is globally respected and provides independent assurance to investors and stakeholders.

As a result, the framework has been found strong, credible, and well-aligned with international sustainability standards.

Strong Alignment with Global Best Practices

According to Moody’s, the framework supports meaningful environmental and social objectives. It also follows globally accepted best practices in sustainable finance.

Therefore, the Union Bank sustainability rating reflects the bank’s long-term vision for responsible growth and transparency.

Focus on Environment and Social Impact

Union Bank of India continues to integrate sustainability into its core operations. The bank actively supports projects that create value for the environment, society, and future generations.

Moreover, sustainable financing remains central to its lending and investment strategy.

Reinforcing Investor Confidence

The Second Party Opinion enhances transparency and builds trust among investors. It also confirms that Union Bank’s sustainability goals meet global expectations.

As a result, the Union Bank sustainability rating strengthens the bank’s position in responsible and green financing.

About Union Bank of India

Union Bank of India is one of the country’s leading public sector banks. It offers innovative financial solutions while actively promoting sustainable development across India.

With this recognition from Moody’s, the bank has further reinforced its commitment to responsible banking and long-term value creation.

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