Oversea-Chinese Banking Corp Ltd 2019 SR
The report details OCBC Group's sustainability performance for 2019, structured around five key pillars including environmental responsibility and customer focus. A major milestone was becoming the first bank in Southeast Asia to cease financing for new coal-fired power plants, alongside a commitment to build a S$10 billion sustainable finance portfolio by 2022. The company also launched the OCBC Arboretum to aid carbon sequestration and established a Board Ethics and Conduct Committee to enhance corporate governance. Additionally, the bank advanced its digital transformation through the Future Smart Programme, focusing on upskilling its workforce for future challenges.
Company: Oversea-Chinese Banking Corp Ltd
Sector: Finance & insurance
Country: Singapore
Year: 2019
Type: SR
Pages: 18
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Oversea-Chinese Banking Corp Ltd
Sustainability Report
The report details OCBC Group's sustainability performance for 2019, structured around five key pillars including environmental responsibility and customer focus. A major milestone was becoming the first bank in Southeast Asia to cease financing for new coal-fired power plants, alongside a commitment to build a S$10 billion sustainable finance portfolio by 2022. The company also launched the OCBC Arboretum to aid carbon sequestration and established a Board Ethics and Conduct Committee to enhance corporate governance. Additionally, the bank advanced its digital transformation through the Future Smart Programme, focusing on upskilling its workforce for future challenges.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 2:
Energy Consumption
Water Consumption
Women in Management
Employees