OCBC Mangrove Park
OCBC Bank understand that dealing with carbon emissions is key in fighting climate change. That’s why we have been supporting reforestation and restoration projects in the region, which help store carbon.
The Bank’s carbon storage efforts begun with a habitat enhancement project at Coney Island, followed by the OCBC Arboretum which houses 2,000 trees that can absorb 80 million kilograms of carbon dioxide in their lifetimes. Now, we announce our mangrove restoration plans of 9,000 trees at the OCBC Mangrove Park in Pulau Ubin, as well as another mangrove project to plant 9,000 trees at Tebuk Mendeleng, Malaysia.
The 18,000 trees that OCBC Bank will help grow through these 2 projects can help absorb more than 30 million kilograms of carbon dioxide. This makes for a fitting 90th anniversary gift from the Bank to Singapore and Malaysia, as the organisation works with the community to tackle climate change. Combining all its forestation efforts in the region since 2017, OCBC Bank is helping to absorb 111 million kg of carbon dioxide.