OCBC and Enterprise Singapore launch new SME programme to spur climate action

First published 12 Feb 2025 / Last updated 12 Feb 2025

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: OCBC and Enterprise Singapore launch new SME programme to spur climate action

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OCBC and Enterprise Singapore (EnterpriseSG) have launched a new programme – The OCBC SME Start-ESG Programme – to support small and medium-sized enterprises (SMEs) with tools to improve their sustainability performance. The programme will help SMEs obtain a baseline measurement of their sustainability metrics, expert advice on sustainability practices and access to sustainability-linked loans (SLLs) from OCBC.

OCBC expects 300 SMEs to participate in this programme and plans to extend SLLs to them. EnterpriseSG will support up to 70% of eligible costs for the annual assessment for each SME’s sustainability performance over a 3-year period.

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