Project Details
Project
OCBC Sustainability Bond Framework Impact Report
Client
OCBC Bank
Project Type
Impact Reports
Industry Group
Banks
Use of Proceeds
N/A
Location
Singapore
Evaluation Date
Aug 2022
Evaluation Summary
Sustainalytics has calculated the estimated impact achieved from the projects financed by the green bonds issued by OCBC Bank in December 2019 and August 2021. The green bonds outstanding as of 31 December 2021 is AUD 1 billion. OCBC Bank has since allocated AUD 1.2 billion to projects in Australia and Singapore in the categories Renewable Energy and Green Buildings. For a representative year of the bonds’ terms to maturity, Sustainalytics has calculated 124 kilotonnes of avoided emissions in CO2e.
https://mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com/docs/default-source/spos/ocbc-green-bond-impact-report-(public-version).pdf?sfvrsn=ad544c38_1