A regional leader in sustainable and responsible banking

OUR CLIMATE STRATEGY

As part of our sustainability strategy, we have unveiled a 5-year Climate Strategy to support our actions in one of our pillars - Building a Sustainable Future. Our climate strategy comes at a time where it is crucial for institutions, businesses and people to work in partnership to transition to a low-carbon economy to preserve a liveable planet for current and future generations. As a financial institution, we play a key pivotal role to help finance this transition.

PRIORITIES

There are three priorities in our climate strategy. To deliver on our priority areas, we will implement initiatives and drive change across all our operations in partnership with our stakeholders. These include our supply chain, customers, government and communities in our core markets. For example, OCBC is an inaugural member of the Singapore Low Carbon Network (SLCN). Aligned with the Singapore Green Plan, the SLCN supports organisations and the community in their journey towards decarbonisation by building capability and sharing knowledge to achieve a low-carbon Singapore.

Priority 1

Moving towards net zero emissions in alignment with Paris Agreement goals.

Priority 2

Expanding sustainable financing and our sustainability-themed product portfolio.

Priority 3

Growing a bank-wide ecosystem of sustainable solutions and partnerships.

KEY DRIVERS
PARTNERSHIPS
  • Business partners

  • Community partners

  • Innovation partners

  • Knowledge partners