Sustainability Report

Overview

The report presents OCBC's 2024 sustainability performance across its banking operations, excluding Great Eastern Holdings' ESG data, which is reported separately. It highlights a transition plan targeting net zero in financed emissions by 2050 and continued carbon neutrality in banking operations. The report also records a workforce of 33,655 and extensive employee sustainability and wellbeing programmes. Selected sustainability indicators, including emissions, energy and employee data, received limited external assurance.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Publication date: 26 March 2025
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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