OCBC awarded ‘Best Bank for Sustainable Finance in Hong Kong’ by Global Finance

OCBC has been recognised as a sustainable finance pioneer, partnering clients in transitioning to a Net-Zero ASEAN and Greater China.

OCBC is the longest established Singapore bank, formed in 1932. We are the second largest financial services group in Southeast Asia by assets, with one of the world’s highest credit ratings (Aa1 by Moody’s and AA- by both Fitch and S&P).
As early as 2018, OCBC Group has been a sustainable finance pioneer, partnering clients in their transition to a sustainable, low-carbon world. For our excellence, we have been recognised as the ‘Best Bank for Sustainable Finance in Hong Kong’ by Global Finance in 2024.

Supporting Hong Kong’s Decarbonisation

OCBC is intentional and targeted in supporting Hong Kong’s decarbonisation, mobilising financing to sectors most in need of climate transition.

Since the beginning, to support real estate (the highest emitting sector), we have been structuring inaugural and bilateral sustainable finance solutions for some of the largest real estate conglomerates in Hong Kong, such as Swire Properties, Link REIT, and Hang Lung Properties.

Noticing a financing gap in the transportation sector, we structured Hong Kong’s first sustainable finance of its kind in the logistics industry, and we were green loan coordinator for Hong Kong’s first green loan for development of a logistics centre.

Innovative solutions to drive net zero

We have also developed innovative solutions, such as the OCBC 1.5°C loan, tied to credible decarbonisation pathways; as well as carbon credit related structures.

These solutions help us engage our clients in line with our ambitious, quantitative, and credible Net Zero targets, set in 2023, for our portfolio emissions across 6 high-emissions sectors.

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