UOB, OCBC working on net-zero emissions plans

UOB plans to release its net-zero pathway plan, while OCBC is working on targets to cut emissions from industrial sectors it finances. ST PHOTOS: CHONG JUN LIANG, KUA CHEE SIONG
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SINGAPORE - OCBC and UOB say they are developing net-zero pathway plans with emissions reduction targets for polluting sectors as Singapore aims to become a regional green finance hub.

DBS announced in September the region's first comprehensive plan to reach net-zero emissions by 2050 involving nine polluting sectors it finances, including oil and gas, aviation and shipping.

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