OCBC Bank

Sustainability Report and Carbon Intensity Rankings

Is OCBC Bank doing their part?

Their DitchCarbon score is 66

OCBC Bank has a DitchCarbon Score of 66, indicating a moderate level of sustainability in its operations. This score reflects the bank’s efforts to manage and reduce its carbon intensity. A higher score would signify even greater success in minimizing the company’s environmental impact through lower carbon emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

OCBC Bank operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

OCBC Bank is situated in Western Australia, a region with a very low carbon intensity rating. This favorable environmental context supports the bank’s sustainability efforts by reducing the carbon footprint associated with its operations.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Over 500+ downloads

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

15.17%

...this company is doing 15.17% better in emissions than the industry average.

OCBC Bank, founded in 1932, is a premier banking institution headquartered in Singapore and is the second largest financial services group in Southeast Asia by assets. With a strong presence in key markets such as Singapore, Malaysia, Indonesia, and Greater China, the bank operates over 610 branches and representative offices internationally. OCBC Bank offers a comprehensive range of services including commercial banking, investment, private banking, insurance, asset management, and stockbroking to its diverse clientele.

emission intelligence's platform recommendations for OCBC Bank

OCBC Bank should undertake a thorough assessment of all direct emissions sources to identify and quantify their Scope 1 footprint.

Bad news, OCBC Bank has yet to commit to SBTi

OCBC Bank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is currently not aligned with a clear set of actions to reduce greenhouse gas emissions in line with climate science.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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