Project Details
Project
OCBC Sustainability Bond Impact Report (2023)
Client
OCBC Bank
Project Type
Impact Reports
Industry Group
Banks
Use of Proceeds
N/A
Location
Singapore
Evaluation Date
Sep 2023
Evaluation Summary
Sustainalytics has calculated the estimated impact achieved from the projects financed by the
green bond issued by OCBC Bank in August 2021. The green bond outstanding as of 31
December 2022 is AUD 500 million. OCBC has allocated AUD 633 million to projects in Australia
and Singapore in the categories Renewable Energy and Green Buildings. For a representative
year during the bond’s term to maturity, Sustainalytics has calculated 61.6 kilotonnes of carbon
dioxide equivalents in avoided GHG emissions.
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/ocbc-sustainability-bond-impact-report-(2023).pdf?sfvrsn=971628a3_1