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OCBC to strengthen nature risk assessment, but faces scrutiny over min

Summary by Eco-Business
A report finds OCBC – alongside other Singapore lenders – among the top financiers of Indonesia's Harita’s coal-powered nickel smelters. The bank's CSO says it is "not pragmatic" to expect nickel production to be fully renewables-powered.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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OCBC to strengthen nature risk assessment, but faces scrutiny over min

A report finds OCBC – alongside other Singapore lenders – among the top financiers of Indonesia's Harita’s coal-powered nickel smelters. The bank's CSO says it is "not pragmatic" to expect nickel production to be fully renewables-powered.

·Singapore
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Eco-Business broke the news in Singapore on Wednesday, April 2, 2025.
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