My first Publication ocbc_ar17_fullreport_english | Page 51

PRIORITISATION VALIDATION The factors were then prioritised based on the following set of criteria: • Alignment with corporate strategy • Significance of ESG impact of the business • Significance of influence on stakeholder assessments and decisions • Stakeholder inclusiveness (Principle 2) • Materiality (Principle 3) REVIEW • The Board validated the material ESG factors • The validated material ESG factors were subsequently mapped to GRI Standards • The material ESG factors will be reviewed annually to ensure relevance to the business and stakeholders • Stakeholder inclusiveness (Principle 2) • Completeness (Principle 4) • Sustainability context (Principle 1) • Stakeholder inclusiveness (Principle 2) WE HAVE ADDITIONALLY DISCLOSED THE FOLLOWING ESG FACTOR. EMPLOYER OF CHOICE ENVIRONMENT FINANCIAL INCLUSION CUSTOMER EXPERIENCE COMMUNITY DEVELOPMENT INCLUSIVE WORKFORCE ENVIRONMENT • Financial Services Access and Inclusiveness • Customer Experience (including digital innovation) • Financial and Volunteer Support • Community Engagement • Sponsorship of Projects and Activities • Environmentally Responsible Programmes • Diversity and Inclusion • Talent Management and Retention • Electricity Consumption • Water Consumption • Carbon Emission • Local Communities (Financial Services Sector Disclosure) • Product and Service Labelling (Financial Services Sector Disclosure) • Approach to Stakeholder Engagement • L  ocal Communities • Employment • Training and Education • Diversity and Equal Opportunity • Energy • Water • Emissions Customers and Community Customers and Employees Customers, Employees and Community Employees Customers, Employees and Community BUILDING ON OUR CORPORATE STRATEGY FOR SUSTAINABLE GROWTH 49