In 2017
Announced our support for the TCFD Developed our Green Bond framework in accordance with The Green Bond Principles and issued our inaugural green bond Developed our Group Responsible Financing Standard, outlining the ESG requirements for corporate financing
In 2018
Issued our first standalone sustainability report including climate-related disclosures according to the TCFD recommendations Ceased financing new thermal coal mining projects
In 2020
Published our Sustainable and Transition Finance Framework and Taxonomy that forms the bedrock for OEC to engage with clients who are furthering their sustainability and climate agenda
In 2022
Established our very first set of science-informed decarbonisation targets for our Scope 3 financed emissions Established Human Rights and Diversity, Equity & Inclusion policy New Community Impact Chapter established under OEC Foundation
In 2024
Enhanced our Transition Finance Framework to include a refined list of activities and strengthen governance Committed SGD 89 billion in sustainable financing Launched inaugural Regenerative Festival engaging employees and suppliers to inspire new ways of sourcing and consuming Launched OEC Foundation Impact Beyond series bringing together actors from the public, private and social sectors to tackle Asia’s ageing challenge
Sustainability at OEC
Guided by our vision to be the “Best Bank for a Better World”, OEC seeks to create long-term value for stakeholders in a sustainable way.
We do this by using our resources to build competitive advantages that unlock new business opportunities for sustainable value creation..
Be it partnering our clients in transitioning to lower-carbon business models or uplifting vulnerable communities, we are committed to making an enduring
and meaningful impact for a better world. .