#OCBCCARES

Our #OCBCCares Programme focuses on doing our part to protect the environment
and helping the more vulnerable in society.

We partner government bodies, advocates, citizen groups, customers and our employees to fight climate change.

CLIMATE ACTION INITIATIVES

Supporting the building of clean energy farms to help transition to a low-carbon world.

Harnessing wind and solar energy to generate CO2–free power

We are contributing to the shift towards a low-carbon world through supporting our customers in renewable energy projects – from wind and solar farms, electric cars, hybrid buses to solar panel installation.

Find out more

Renewable energy to cut CO2 emissions

We are contributing to the shift towards a low-carbon world through supporting our customers in renewable energy projects – from wind and solar farms, electric cars, hybrid buses to solar panel installation.

Find out more

ocbc-arboretum

OCBC Arboretum

Located at Singapore Botanic Gardens, this is a forest of 2,000 endangered dipterocarp trees. These can store 80 million kg of CO2 in their lifetimes.

ocbccares-environment-fund

#OCBCCares Environment Fund

OCBC Bank supports ground-up climate solutions through its Environment Fund. Launched in 2017, we have supported 10 projects amounting to S$165,000 to date.

RESPONSIBLE FINANCING

Financing Positive Environmental-Impact Activities

OCBC was the first bank in Southeast Asia to stop financing new coal-fired plants. We are glad that more banks are doing the same. OCBC has announced a strong ambition in increasing our financing into green assets/projects such as renewable energy, energy efficiency, sustainable water and wastewater management, green buildings and clean public transportations, among others.

ENVIRONMENTALLY FRIENDLY OPERATIONS

Infrastructure

Award-winning Data Centre

Our Data Centre which received BCA-IMDA Green Mark Platinum Award - the highest standard achievable in Singapore - is 30% more energy-efficient than standard centres in Southeast Asia. Its CO2 emissions are 9.6 million kg less than the standard data centre.

It uses a Chill Water Cooling System that utilises industrial-grade recycled NEWater for its Cooling Towers. The entire data centre back-up electrical power is clean and emissions-friendly, thanks to our Diesel Rotary Uninterruptible Power Supply (or DRUPS), which stores kinetic energy. This is unlike Static Uninterruptible Power Supply (UPS), a system dependent on numerous batteries and whose production, charging and disposal cause high emissions.

    

Green buildings & branches

Several of our buildings achieved BCA Green Mark Awards, with OCBC Centre, the oldest historic site in Singapore, certified with a Green Mark Gold Certification Award.

We proactively adopt energy and water-saving measures and promote recycling in our buildings.

 
  • Undertake retrofitting of our buildings mechanical and electrical services such as lifts, air-conditioning systems, lightings, energy and water sensors, to maximise energy efficiency and lower water consumptions
 
  • Encourage occupants to be energy conscious while occupying our premises and also promotes recycling within the offices.
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Services and support

Recycling

To encourage recycling, we asked our customers to place their used red packets into collection boxes placed in all our branches after Chinese New Year 2020. Response was positive – we collected close to 4,000 kg of red packets which were pulped and recycled into 10,400 cardboard boxes.

 

Single-use Plastics

Since 2017, we have stopped serving bottled water at all our branches in Singapore. That amounts to 70,000kg of plastic waste saved annually.

    

Digital services

Our digital solutions make banking convenient, paperless and helps support a low-carbon lifestyle. We encourage our customers to use e-statements, e-receipts and SMS notifications. We constantly look at how to improve our e-services to encourage them to transact online.