Transition Finance in Turbulent Times
OCBC is committed to decarbonising Asia's toughest sectors through transition-focused financing and tailored SME support.
Empowering Asia's Sustainability Transformation
According to Yoonmee Jeong, head of OCBC's global wholesale banking sustainability office, global sustainability setbacks will not affect the bank's transition engagement efforts with businesses, especially those committed to their net zero efforts.
Governments and corporates increasingly recognise that the transition to a low-carbon economy is not a short-term agenda but a long-term imperative.
Across Asian markets, sustainability efforts remain steady despite global headwinds, with many organisations entering a more mature phase in their sustainability journeys to re-shape their business models for the better.
Key Takeaways
- OCBC is committed to supporting Asia's sustainability transformation
- Global sustainability setbacks will not affect OCBC's transition engagement efforts
- Sustainability efforts remain steady in Asian markets despite global headwinds
Author's summary: OCBC supports Asia's sustainability transformation despite global setbacks.
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