Banking on Net Zero
Banking on Net Zero
Partnering clients towards a Net Zero ASEAN and Greater China.
OCBC is committed to driving the transition to a sustainable, low-carbon world. Aligned with the aspirations of many of our clients, we believe that supporting the climate transition is crucial in shaping the future. As a regional Singapore-headquartered financial services group, OCBC is well-positioned to partner our clients to meaningfully contribute to a Net Zero ASEAN and Greater China. In line with our commitments as a member of the Net-Zero Banking Alliance, we have now set ambitious, quantitative and credible Net Zero targets for emissions arising from our portfolio across 6 priority sectors: Power, Oil and Gas, Real Estate, Steel, Aviation and Shipping.
"We have now set ambitious, quantitative and science-based Net Zero targets and pathways for emissions that arise from our portfolio. In effect, we will partner with our corporate clients to meaningfully contribute to a Net Zero ASEAN and Greater China by 2050 through a just and orderly transition."
Helen Wong
Group Chief Executive Officer
“The only viable path for us to reach Net Zero in our financed emissions is for our clients to reach Net Zero in their emissions. While the road ahead is fraught with uncertainties, we remain optimistic and excited about the immense possibilities. Taking climate action is a duty for all individuals and businesses.”
Tan Teck Long
Head of Global Wholesale Banking
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