OCBC Bank to invest more than S$25 million to reduce its global carbon footprint

OCBC Bank will invest more than S$25 million in decarbonisation efforts in Singapore, Malaysia and Greater China. The investments will be used to deploy energy-efficient technology to reduce its carbon emissions, and solar energy systems that will increase renewables in its energy mix for powering operations. The investments will reduce approximately 10,000 tonnes of carbon emissions within the next four years. This is equivalent to removing close to 10,000 cars from the road. 

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