OCBC Bank Limited Sustainability Profile
OCBC Bank Limited, also known as Oversea-Chinese Banking Corporation, is a leading financial institution headquartered in China (CN). Established in 1932, OCBC has grown to become a prominent player in the banking industry, with a strong presence across Asia, particularly in Singapore, Malaysia, and Indonesia. The bank offers a diverse range of services, including retail banking, corporate banking, wealth management, and insurance, distinguished by its customer-centric approach and innovative digital solutions. OCBC's commitment to sustainability and community engagement further enhances its reputation in the market. With a robust financial standing and a history of strategic acquisitions, OCBC Bank has consistently ranked among the top banks in Asia, earning accolades for its service excellence and operational efficiency.
DitchCarbon Score
How does OCBC Bank Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
OCBC Bank Limited's score of 57 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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OCBC Bank Limited, headquartered in China (CN), currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are not detailed in the provided information, indicating a lack of defined targets or achievements in this area. However, it is important to note that OCBC Bank Limited is a current subsidiary of Oversea-Chinese Banking Corporation Limited. Emissions data and performance metrics may be inherited from this parent organization, which operates under the broader corporate family relationship. The emissions data cascaded from Oversea-Chinese Banking Corporation Limited is at a cascade level of 2, but specific figures or reduction targets are not disclosed. As OCBC Bank Limited continues to navigate its climate commitments, it remains essential for the organisation to establish clear reduction targets and report on its emissions to align with industry standards and expectations.
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Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 47,880,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is OCBC Bank Limited's Industry?
How Carbon Intensive is OCBC Bank Limited's Location?
OCBC Bank Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
OCBC Bank Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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