Delivering on our climate commitment |
First Singapore bank to establish a Board Sustainability Committee to enhance our governance process in relation to climate impact and broader ESG matters centred on our three sustainability pillars | 34% of our total IBG loan book was used to estimate our financed emissions, compared to 9.6% in the previous year | 9 priority sectors were selected for us to focus on and develop granular sector-specific methodologies for, so as to better assess the impact of climate risk and support our clients in their sustainability transitions |
Responsible banking | Responsible business practices | Impact beyond banking |
First Singapore bank to join the UN-convened Net-Zero Banking Alliance to realise a net-zero future by 2050 or sooner | 2022 target year to achieve net-zero carbon emissions from our own operations | SGD 100 million additional funding by DBS to further improve lives in Asia |
SGD 20.5 billion committed to sustainable financing deals in 2021, more than double the amount from the previous year | Net-zero energy building the first in Singapore by a bank to be retrofitted for net-zero energy consumption | SGD 13.4 million loans disbursed at preferential rates to social enterprises |
SGD 23.5 billion amount of ESG bonds raised where DBS is involved as an active bookrunner | Launched Opportunity Marketplace that uses machine learning and artificial intelligence to help employees identify career aspirations and skills needed | >100,000 employee volunteering hours serving the community in 2021 |