My first Publication ocbc_ar17_fullreport_english | Page 45

ABOUT THE REPORT This report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards – Core Option, as well as GRI G4 Financial Services Sector Disclosures. The GRI Standards are internationally recognised and provide robust guidance. Their universal application allows for comparability of performance. Reference has also been made to the primary components of sustainability reporting as set out by the Singapore Exchange’s “Comply or Explain” requirements for sustainability reporting. We have adopted a phased approach towards sustainability reporting. As we move forward, disclosure on performance and targets will be further enhanced. We have not sought external assurance for this reporting period. This report covers the Environmental, Social and Governance (ESG) performance of the OCBC Group for the financial year ended 31 December 2017. Where applicable, we have included data from previous financial years for comparison. Our listed subsidiary, Great Eastern Holdings (GEH), reports its ESG performance separately. MATERIAL ESG FACTORS RESPONSIBLE BUSINESS PRACTICES • Strong Governance • Fair Dealing • Responsible Financing • Combating Financial Crimes and Cyber Threats PUBLISH INAUGURAL SUSTAINABILITY REPORT CORPORATE CITIZENSHIP • Economic Contributions • Financial Inclusion • Customer Experience • Community Development EMPLOYER OF CHOICE • Inclusive Workforce ADDITIONALLY-DISCLOSED ESG FACTOR • Environment BUILDING ON OUR CORPORATE STRATEGY FOR SUSTAINABLE GROWTH 43