OCBC to use more energy-efficient systems as part of S$25 million effort to cut carbon footprint

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SINGAPORE: OCBC Bank will retrofit its buildings and data centre with more energy-efficient technologies as part of measures to reduce its carbon footprint. The bank announced on Wednesday (May 25) that it will invest more than S$25 million in decarbonisation efforts in Singapore, Malaysia and China,\u0026

SINGAPORE: OCBC Bank will retrofit its buildings and data centre with more energy-efficient technologies as part of measures to reduce its carbon footprint.

"This will see the facility’s emissions reduced by over 400 tonnes annually, equivalent to removing close to 400 cars from the roads," said OCBC. Close to 10 of its buildings in Singapore, Malaysia and China will be installed with solar energy systems by 2024, said OCBC. It added that it is reviewing other offices across its markets to assess if they are suitable for future solar energy installations.

 

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