OCBC's video: Amplifying Influence of Sustainability of Financial Institutions

Financial Institutions have arguably a privileged position in the economy as both a visible provider of capital and a protector of financial system stability. This highlights Financial Institutions’ critical service, high systemic importance and resultant strong regulatory oversight from the pervasive influence of Financial Institutions on society. It is therefore no surprise then that their influence on sustainability is also pervasive or that environmental, social and governance considerations in turn also heavily influence the activities of Financial Institutions. This video explains the Amplifying Influence of Sustainability for Financial Institutions. We believe that Financial Institutions have a compounding influence on sustainability and environmental, social and governance (“ESG”) issues and the influence of these issues are highly interconnected for financial institutions. That said, we believe the high influence of governance sustainability factors acts to effectively manage the influence of environmental and social sustainability factors on Financial Institutions and that the quality of each of these influences’ offsets the collective quantum and reduces the overall sensitivity of Financial Institutions to sustainability for the time being.