OCBC Bank

Unverified
XFID Unique Identifier for OCBC Bank: XO57WY3P7Q
Sector
Banks
Website
www.ocbc.com
5 Second Party Opinions
1 Framework
XFID Type Title Year Source Retrieved
XF-75RPJNX-E Framework OCBC Sustainability Bond Framework 2020 www.ocbc.com 31 Mar 2026
XF-R5VEA1F-I Second Party Opinion OCBC Sustainability Bond Second-Party Opinion 2019 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-AKA0D1L-4 Second Party Opinion OCBC Sustainability Bond Impact Report (2023) 2023 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-LXGCMT1-A Second Party Opinion OCBC Sustainability Bond Framework Impact Report (2024) 2024 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-D9AEB0B-L Second Party Opinion OCBC Sustainability Bond Framework Second-Party Opinion (2023) 2023 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-V2S5301-Z Second Party Opinion OCBC Sustainability Bond Framework Impact Report 2022 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026

XF Company Profile

Extra-financial information found across 6 documents in the XframeworkID registry

NACE K Financial & Insurance Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
OCBC Bank, Singapore Impact Report for Bonds 2024
Issuer sector/industry classification
Financial & Insurance Activities Impact Report for Bonds 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
OCBC Sustainability Bond Framework, March 2020 Sustainability Bond Framework 2020
Bond types covered under framework
Green Bonds, Social Bonds, Sustainability Bonds Sustainability Bond Framework 2020
Framework publication date and update history
March 2020 Sustainability Bond Framework 2020
Eligible use-of-proceeds categories
Renewable Energy, Green Buildings Impact Report for Bonds 2024
Project evaluation and selection process description
Project selection involves screening, validation, and ESG risk assessment from eligible assets and projects Sustainability Bond Framework 2020
Management of proceeds approach
Proceeds are tracked and managed with regular reporting on allocation and impact Sustainability Bond Framework 2020
Reporting commitments under framework
Annual allocation and impact reporting, external review, and public disclosure Sustainability Bond Framework 2020
Exclusion criteria for ineligible projects or sectors
Exclusion list defined for ineligible projects Sustainability Bond Framework 2020

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, August 7, 2024 Impact Report for Bonds 2024
SPO preliminary evaluation or credibility rating
Credible and impactful Second-Party Opinion 2023
SPO assessment scope and methodology
Sustainalytics evaluated use of proceeds categories, project selection process, environmental and social impact assessment, ESG risk evaluation, and alignment with international standards Second-Party Opinion 2023

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2021 Second-Party Opinion 2023
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Aligned with Social Bond Principles 2021 and Sustainability Bond Guidelines 2021 Second-Party Opinion 2023
Alignment with UN Sustainable Development Goals
Aligned with 17 Sustainable Development Goals and 169 targets Sustainability Bond Framework 2020

Corporate Strategy & Mission

Corporate mission and sustainability strategy
OCBC is committed to advancing environmental and social progress and conducting business in a responsible manner to create long-term value for shareholders and support sustainable development Sustainability Bond Framework 2020

Proceeds Allocation & Reporting

Allocated funds amount and currency
AUD 1.6 billion Impact Report for Bonds 2024
Number of financed projects (total and by category)
7 total projects: Renewable Energy 5 projects (2,166 tCO2e), Green Buildings 2 projects (5,878 tCO2e) Impact Report for Bonds 2024

Impact Metrics & Reporting

Annual CO2e emissions avoided or reduced
8,044 tCO2e annually (2024 report) Impact Report for Bonds 2024
Environmental impact metrics (quantitative)
8,044 tCO2e avoided annually; 1,700 cars driven for one year; 531,000 trees yearly sequestration; 18,600 barrels of oil equivalent Impact Report for Bonds 2024

Issuance Details

Green bond issuance volume (cumulative and annual)
AUD 1.5 billion outstanding as of December 31, 2023 Impact Report for Bonds 2024
Years of green bond issuance history
2019-2023 Impact Report for Bonds 2022

Changes Over Time

Items where disclosed information changed across documents.

Bond types covered under framework
2019 Green, Social, and Sustainability bonds
2022 Green bonds, Sustainability bonds
2023 Green, Social, Sustainability bonds
2024 Green bonds, Sustainability bonds
SPO assessment date
2019 November 2019
2022 August 22, 2022
2023 June 20, 2023
2024 August 7, 2024
Alignment with ICMA Green Bond Principles
2019 Aligned with ICMA Green Bond Principles 2018
2022 Green Bond Principles 2018
2023 Yes - 2021 version
2024 Green Bond Principles 2018
Alignment with ICMA Social Bond Principles
2019 Aligned with Social Bond Principles 2018
2023 Yes - 2021 version
Alignment with Sustainability Bond Guidelines
2019 Aligned with Sustainability Bond Guidelines 2018
2023 Yes - 2021 version
Alignment with UN Sustainable Development Goals
2019 Projects advance the UN Sustainable Development Agenda
2020 17 Sustainable Development Goals (SDGs) and 169 targets
2023 SDGs 3, 4, 6, 7, 9, 11, 12, 15
Project evaluation and selection process
2019 Two-step process: initial screening by business units, final validation by Sustainability Council (Management Committee members)
2020 Framework includes screening, selection, and validation processes with ESG risk assessment
Annual CO2e emissions avoided
2022 124 kilotonnes CO2e
2024 8,044 tCO2e
Outstanding bond amount
2022 AUD 1 billion as of 31 December 2021
2024 1.5 billion AUD