Union Bank of India has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 to the stock exchanges pursuant to Regulation 34 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The report, signed by Company Secretary Ashish Mishra on June 18, 2026, covers the bank's standalone operations and is available on the bank's website. The filing provides a comprehensive overview of the bank's environmental, social, and governance (ESG) performance, workforce composition, financial metrics, and sustainability commitments.

Key Financial and Operational Metrics

The bank's standalone financials and operational footprint for FY 2025-26 are summarised below:

Banking activities — comprising deposit acceptance (54.78% of turnover) and credit finance (45.22% of turnover) — constitute the entirety of the bank's reported business activities.

Workforce and Diversity

The bank's human capital disclosures reflect a diverse and sizeable permanent workforce. As at the end of FY 2025-26, the bank employed 73,885 permanent employees, of whom 52,108 (70.53%) are male and 21,777 (29.47%) are female. The bank also engaged 45 contract workers during the period.

The bank reported 2,688 differently abled permanent employees, comprising 2,086 males (77.60%) and 602 females (22.40%). The Board of Directors comprises 10 members, of whom 1 (10%) is female. Key Managerial Personnel total 4, with no female representation reported.

Employee turnover rates for permanent staff have shown a declining trend over three years — from 3.52% (total) in FY 2023-24 to 2.95% in FY 2024-25 and 2.77% in FY 2025-26.

Environmental Performance

The bank's environmental disclosures cover energy consumption, greenhouse gas (GHG) emissions, water usage, and waste management across its own operations.

Energy Consumption

GHG Emissions

Independent assurance for FY 2025-26 environmental data was provided by M/s TUV India Pvt. Ltd.

The bank has set a Net Zero target for its own operations by 2035 and has installed 1,137 kW of on-grid rooftop solar capacity across 22 owned premises. Two sites have received IGBC Platinum and Gold green building certifications, and two additional sites are registered for IGBC certification. The bank also became the first signatory of the Partnership for Carbon Accounting Financials (PCAF) among major banks in India.

Water and Waste

Total water consumption for FY 2025-26 stood at 8,61,129.7 kilolitres. E-waste generated during the year was 4.93 metric tonnes, all of which was recycled. No hazardous waste was generated.

Social Initiatives and Financial Inclusion

The bank's social performance disclosures highlight its commitment to financial inclusion and community development.

• Under the PM Svanidhi scheme, the bank financed 1,40,006 street vendors amounting to ₹336.71 crore in FY 2025-26.
• Under the Union Nari Shakti Scheme, 14,046 applications amounting to ₹2,490 crore were sanctioned exclusively for women entrepreneurs.
• Under the Employment Generation Program, 4,856 applications amounting to ₹729 crore were sanctioned.
• Under PM Vishwakarma Scheme, 15,191 applications amounting to ₹138 crore were financed.
• Priority sector advances stood at ₹4,00,074 crore as on March 31, 2026, representing 40.37% of Adjusted Net Bank Credit (ANBC), against the statutory target of 40%.
• Outstanding loans to women beneficiaries grew from ₹1,39,406 crore (March 2025) to ₹1,51,258 crore (March 2026), a growth of 8.5%.
• Outstanding credit to minority communities stood at ₹53,334 crore as on March 31, 2026.

The Union Bank Social Foundation Trust (UBSFT) approved total donations of ₹61.69 crore for 147 projects and disbursed ₹26.76 crore for 98 projects covering education, skill development, healthcare, sanitation, livelihood enhancement, and rural development.

Governance and Compliance

The bank's governance framework encompasses a Board-approved ESG Risk Framework and Climate Risk Policy, a Whistle Blower Policy, a Customer Rights Policy, a Grievances Redressal Policy, and a Policy on Diversity, Equity and Inclusion, among others. All nine principles of the National Guidelines on Responsible Business Conduct (NGRBC) are covered by the bank's policies, which have been approved by the Board.

The bank reported no instances of fines, penalties, or disciplinary actions against any Director or Key Managerial Personnel during the year ended March 31, 2026. One employee faced disciplinary action for bribery/corruption charges during FY 2025-26, compared to two in FY 2024-25.

Customer grievances received during FY 2025-26 totalled 7,60,545, with 17,070 pending resolution as at March 31, 2026, compared to 11,643 pending at the start of the year.

Subsidiaries and Associates

The bank has five wholly owned subsidiaries and participates in joint ventures and associate entities:

The BRSR report is available on the bank's website at https://www.unionbankofindia.bank.in/en/common/shareholders-information .

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE692A01016/1c5eef2991524e9f.pdf

Union Bank of India disclosed that the Reserve Bank of India has imposed a monetary penalty of ₹1,28,750 on the bank. The penalty was levied following an inspection that identified deficiencies related to the detection of counterfeit and mutilated currency notes, as well as shortages in currency chest balances. The bank received the order on June 9, 2026, and stated that the financial and operational impact of this penalty is not significant.

The regulatory action was taken under specific provisions concerning the maintenance of currency chests and the handling of notes. The inspection revealed lapses in these operational areas, prompting the monetary penalty. Union Bank of India has confirmed that it has implemented necessary preventive measures to avoid the recurrence of such instances in the future.

Details of the Penalty

The disclosure provided specific details regarding the regulatory action and the nature of the violations found during the inspection.

The bank submitted the disclosure to the exchanges in compliance with Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Ashish Mishra, Company Secretary.