OCBC pumps S$87,000 into six green projects

Singapore

OCBC is forking out S$87,000 to fund six ground-up proposals addressing environmental issues in Singapore. These efforts range from waste-management solutions to restoring the environment and enhancing biodiversity.

Launched in July 2017, the #OCBCCares Fund for the Environment has committed to provide S$100,000 annually to support projects that enhance Singapore's environmental landscape, "an area where private-sector sponsorship remains relatively thin", the bank said.

"The fact that we can fund six projects at an amount less than our fund commitment is positive indication that initiatives to protect our environment need not be expensive missions. We hope other organisations can also come aboard to support this cause," said OCBC's head of corporate communications…