Bank of Singapore pioneers ESG tools for private banking in Asia

By bringing together competitors, regulators and environmental experts, Bank of Singapore has pioneered a transformative approach to sustainable private banking. From conceptualising industry-wide frameworks to implementing them through robust data systems and governance, the bank’s collaborative model offers a blueprint for Asia's wealth management sector.

In an industry often critiqued for lagging on sustainability, Bank of Singapore is rewriting the playbook. The private banking arm of OCBC Group has emerged as a trailblazer in embedding environmental, social and governance (ESG) principles into private banking.

At the heart of its strategy lies Spring – the world’s first sustainability framework tailored for private banks; an innovation born from an alliance with the World Wide Fund for Nature (WWF) Singapore and the Association of Banks in Singapore (ABS).

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