United Bankshares, Inc. (UBSI) — ESG & Values Scores

Environment story

United Bankshares is a regional bank with no disclosed Scope 1, 2, or 3 greenhouse gas emissions reporting. The 10-K acknowledges climate-related physical and transition risks affecting borrowers (real estate collateral depreciation from weather events, transition risks in carbon-intensive industries), but does not disclose any net-zero target, decarbonization investments, or environmental initiatives. The company's loan portfolio includes significant exposure to carbon-intensive industries (energy sector mentioned in risk factors) and climate-vulnerable real estate. No evidence of greenwashing mitigation strategies or renewable energy commitments. Environmental score reflects undisclosed/absent climate targets (−15), lack of Scope 3 emissions management (−15), and absence of verified decarbonization infrastructure investments. Climate risk acknowledgment in MD&A does not translate to operational decarbonization or measurable environmental commitments.

Criticisms on file

No emissions targets or net-zero commitment disclosed; no renewable energy or decarbonization infrastructure investments verified.
Source: UBSI 10-K (2025), Item 1A Risk Factors; MD&A
Significant loan exposure to energy sector and carbon-intensive industries; climate-vulnerable real estate collateral without disclosed mitigation strategy.
Source: UBSI 10-K (2025), Item 1A Risk Factors; Loan Concentrations section

Disclosed initiatives

Climate Risk Disclosures

Company acknowledges physical climate risks (hurricanes, floods, heatwaves) and transition risks (policy/regulation/technology shifts) in MD&A and risk factors. Identifies customer exposure to carbon-intensive industries and property collateral depreciation risks.

Social story

United Bankshares does not disclose CEO-to-median-worker pay ratio, workforce diversity metrics, leadership gender/race composition, or union relations status in the 10-K. No documented labor union suppression activities or strikes are evident. The company is a regional financial services employer (bank holding company) with no discernible supply-chain human-rights hazards typical of manufacturing/extractive industries. Lack of transparency on DEI metrics, executive compensation disclosure gaps, and absence of labor-relations detail prevent rigorous scoring. Community Reinvestment Act (CRA) rating of 'Satisfactory' (2023) suggests baseline compliance with fair lending/community credit needs. No explicit diversity initiatives, pay-equity commitments, or supplier diversity programs are disclosed.

Criticisms on file

No CEO-to-median-worker pay ratio, workforce diversity percentages (women, URG), or leadership diversity disclosure in 10-K.
Source: UBSI 10-K (2025); Proxy Statement not provided
No supplier diversity program, civil-rights audits, or pay-equity commitments disclosed.
Source: UBSI 10-K (2025)

Disclosed initiatives

Community Reinvestment Act (CRA) Performance

United Bank received a 'Satisfactory' CRA Performance Evaluation from the Federal Reserve Bank of Richmond in 2023. CRA mandates credit provision to low- and moderate-income individuals and communities.

Demonstrates baseline compliance with fair lending and community credit needs.

Governance story

United Bankshares operates under standard federal banking regulation with no disclosed dual-class share structure (common equity only). Board independence percentage is not explicitly stated in the 10-K; no evidence of supermajority founder voting control. The company is subject to Federal Reserve Board examination, FDIC regulation, SEC disclosure rules, and NASDAQ listing standards. No active antitrust proceedings, major SEC consent decrees, or significant regulatory fines are disclosed in the 10-K. The company adopted mandatory 'clawback' policy for erroneously awarded compensation (November 2023) per SEC Dodd-Frank Section 954. Lobbying expenditures and PAC contributions are not disclosed in the 10-K; no active climate-deregulation or consumer-protection rollback lobbying identified. Governance score reflects standard banking regulatory oversight, absence of major enforcement actions, and compliance with executive compensation recovery requirements, offset by lack of transparency on board composition detail and lobbying spend.

Criticisms on file

Board independence percentage not disclosed; no detail on independent director ratio versus 75% or 80% benchmarks.
Source: UBSI 10-K (2025); Proxy Statement not provided
Lobbying expenditures and PAC contributions not disclosed in 10-K; alignment with or opposition to climate/consumer-protection regulation unstated.
Source: UBSI 10-K (2025)

Disclosed initiatives

Executive Compensation Clawback Policy

United adopted a mandatory 'clawback' policy on November 17, 2023, compliant with NASDAQ listing standards and SEC Dodd-Frank Section 954. Policy mandates recovery of excess incentive-based compensation earned by named executive officers during three fiscal years preceding accounting restatements.

Aligns with post-2008 financial-sector governance reform; reduces executive compensation risk-taking incentives.
Federal Reserve Board Incentive Compensation Review

Federal Reserve Board reviews incentive compensation arrangements for non-large banking organizations like UBSI under supervisory guidance (June 2010). Deficiencies incorporated into supervisory ratings and examination reports.

Regulatory oversight of compensation structure; enforcement action possible for risk-management failures.

These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of United Bankshares, Inc.. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open United Bankshares, Inc. in the app for interactive charts and portfolio building.

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