Being a purpose-driven bank

Being purpose-driven is core to how we run our business. Whether it is through responsible banking, responsible business practices or creating social impact, our desire is to make a difference beyond banking to touch real people, real businesses and real lives.

Creating long-term value in a sustainable way

  • First bank in Southeast Asia to be included in the Dow Jones Sustainability Index (DJSI) Asia Pacific. The index comprises businesses that have committed to corporate sustainability practices while seeking to create long-term stakeholder value.
  • Constituent of the FTSE4Good Global Index, which comprises companies that demonstrate strong environmental, social, and governance (ESG) practices measured against globally recognised standards.

Responsible financing for the long-term

  • Completed four sustainability performance-linked loans amounting to over SGD 600 million. These loans are structured to enable borrowers to pay less interest when they achieve pre-agreed ESG targets as verified by an external ESG-rating agency.
  • Joint bookrunner for Star Energy’s landmark green bond and Korea Housing Finance Corporation’s social covered bond.

Making sustainable sourcing a priority

We strive to influence our supply chain of 6,000 partners to adopt sustainable practices through the DBS Sustainable Sourcing framework.

Committing to transparent disclosures

DBS is among 513 global companies that have committed to the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), on voluntary disclosures around climate-related risks and opportunities.

This provides our stakeholders with more meaningful and transparent climate-related financial information, which helps to drive efficient allocation of capital and support a smooth transition to a low-carbon economy.

Managing our environmental footprint

  • Supported Singapore’s “Year of Climate Action” by ensuring that 40% of the bank’s electricity consumption in Singapore came from renewable energy sources.
  • Pledged that the bank’s energy needs in Singapore will all come from renewable energy sources by 2030.

Creating social impact through DBS Foundation

  • Nurtured 110 social enterprises through DBS Foundation’s capacity building programmes.
  • Mentored more than 50 social enterprises.
  • Awarded SGD 1.25 million in grants to 12 social enterprises.
  • Banked 534 social enterprises through the DBS Social Enterprise Banking package, designed to meet the needs of social enterprises.

Embracing gender diversity

Recognised globally as best-in-class for gender equality and included as a constituent in the 2018 Bloomberg Gender-Equality Index for second year running.

  • In Singapore, women account for 60% of our overall workforce and 40% of our senior management (senior vice presidents to managing directors).
  • Women make up about a third of our Group Management Committee, which sets the strategy and direction for the bank.


CEO reflections

Piyush Gupta shares his thoughts on some pertinent matters.