My first Publication ocbc_ar17_fullreport_english | Page 47

SUSTAINABILITY GOVERNANCE STRUCTURE A robust governance structure is of paramount importance to the achievement of our sustainability commitments. Our Board takes our ESG factors into careful consideration when formulating OCBC’s strategy. Together with the Sustainability Council, the Board oversees sustainability efforts across the Group which are managed and implemented by the Sustainability Working Group. 1ST LEVEL BOARD 2ND LEVEL SUSTAINABILITY COUNCIL 3RD LEVEL SUSTAINABILITY WORKING GROUP ROLE MEMBERS The Board, which has overall responsibility over our sustainability efforts, oversees the monitoring and management of our material ESG factors. Board Directors ROLE MEMBERS The Sustainability Council is responsible for identifying, managing and monitoring material ESG risks and opportunities. In addition, it is responsible for the development of OCBC’s sustainability framework. Group Chief Executive Officer (Chairperson) Chief Operating Officer Chief Financial Officer Head – Global Treasury and Investment Banking Head – Group Risk Management Head – Global Commercial Banking Head – Global Corporate Banking Head – Group Human Resources Head – Group Operations and Technology Head – Group Corporate Communications ROLE MEMBERS The Sustainability Working Group is responsible for engaging stakeholders, collecting ESG data, drafting the Sustainability Report, measuring ESG performance and implementing sustainability initiatives. Consumer Financial Services Singapore Global Corporate Banking Group Corporate Communications Group Human Resources Group Legal and Regulatory Compliance Group Operations and Technology Group Property Management Group Risk Management Investor Relations BUILDING ON OUR CORPORATE STRATEGY FOR SUSTAINABLE GROWTH 45