SDG 8 – Decent work and economic growth

    How OCBC supports SDG 8

    Relevant SDG Targets

    8.4 Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10-Year Framework of Programmes on Sustainable Consumption and Production, with developed countries taking the lead.

    8.5 By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value

    8.10 Strengthen the capacity of domestic financial institutions to encourage and to expand access to banking, insurance and financial services for all

    Alignment with OCBC’s Material ESG Factors
    How OCBC is contributing

    Providing innovative and relevant financial services to help individuals and businesses of all types and sizes to succeed and achieve their aspirations

    Strengthening existing policies and lending criteria, in particular establishing Responsible Financing policies for the following elevated risk sectors: Energy, Mining and Metals, Agriculture and Forestry

    Creating a work environment that is inclusive and supportive of our employees

    Investing in learning and development to ensure that all our employees have the opportunity to grow

    Contributing to wider economic growth and development by paying salaries, taxes and dividends to shareholders, as well as procuring from local suppliers