Bank DBS Indonesia promotes low-carbon economy, books 14% growth in sustainable financing disbursement

Indonesia, 09 Feb 2026 - Amid the increasingly complex challenges in energy transition and green infrastructure financing, the role of the banking sector is no longer limited to providing capital but has evolved into that of a strategic partner in driving low-carbon economy. In meeting the need for sustainable financing, Bank DBS Indonesia’s sustainable financing portfolio grew 14 percent year-on-year, equivalent to approximately IDR7.5 trillion. Most recently, the bank was named the “Best Bank for Sustainable Finance” at the Global Finance Sustainable Finance Awards 2026.

The award was the first international recognition received by Bank DBS Indonesia in this category and highlighted its role in supporting strategic projects that directly contribute to energy transition, sustainable mobility, and green infrastructure development in Indonesia. The achievement demonstrates Bank DBS Indonesia’s consistent commitment to integrating sustainability principles into tangible financing that delivers positive economic and environmental impact.

“Many corporations are currently still in the process of defining the direction of their Environmental, Social, and Governance (ESG) journey. Amid this complexity, Bank DBS Indonesia takes the role of a trusted partner with an internationally recognised track record in sustainable financing. Beyond financing, we also provide advisory support built on insights and a deep understanding of business needs, enabling corporations to make more informed, impactful, and sustainable decisions for both business continuity and the environment,” said Director of Institutional Banking Group at Bank DBS Indonesia Anthonius Sehonamin.

Throughout 2024-2025, Bank DBS Indonesia disbursed sustainable financing to various strategic projects, including:

• The Palembang Waste-to-Energy (WTE) project, where Bank DBS Indonesia acted as financial advisor and provided USD 70 million of financing out of a total syndicated facility worth USD 100 million. The project supports sustainable waste management by converting 1,000 tonnes of waste per day into 20 MW of electricity.
• PT TBS Energi Utama Tbk (Electrum), through a USD 15 million collaborative green loan, USD 5 million of which was contributed by Bank DBS Indonesia. The financing scheme strengthened the electric vehicle ecosystem through the development of a nationwide battery-swapping station network and the provision of 130 electric vehicles for Grab’s services.
• Princeton Digital Group (PDG), through a IDR 1.7 trillion green loan for the development of a 22MW JC2 hyperscale data centre facility in Cibitung, supporting the artificial intelligence (AI) ecosystem. The facility is the first data centre in Indonesia to receive the Green Mark Platinum certification.
• PT Indo-Rama Synthetics Tbk, through a USD 20 million sustainability-linked trade finance facility linked to Sustainability Performance Targets. The scheme encourages improvements in the company’s environmental performance, including energy efficiency, water management, and emissions reduction.

Beyond providing financing, Bank DBS Indonesia also adopts a comprehensive approach, ranging from green and inclusive financing solutions, ESG advisory services, and internal commitment to responsible business practices. With a strong regional network and a team of specialists who understand industry dynamics, Bank DBS Indonesia plays a key role in driving resilient and sustainable growth.

To ensure that the implementation and disbursement of sustainable financing are aligned with its Sustainability Pillars, Bank DBS Indonesia is supported by a team of experts who are part of the Indonesia Sustainability Council (ISC). As part of the DBS Group Sustainability Council, the team is responsible for directing environmental, social, and governance (ESG) strategies and ensuring alignment with the bank’s three sustainability pillars: Responsible Banking, Responsible Business Practices, and Impact Beyond Banking.

Previously, Bank DBS Indonesia earned several other international accolades, including the Best Bank for ESG Award at Euromoney Awards (2024), reinforcing its role in financing the green economy and supporting net zero targets, as well as the Best Bank for ESG at FinanceAsia Awards (2025) for its holistic ESG initiatives.

Sustainable Finance Awards 2026 attracted the participation of financial institutions from 56 countries, territories, and districts. The awards recognise global, regional, and local leaders in the development of financing designed to mitigate the impacts of climate change and build a more sustainable future. Assessments are conducted based on governance policies, sustainability targets, and measurable achievements in environmental and social financing.
About DBS

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 17 consecutive years from 2009 to 2025.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.

Established in 1989 as part of the Singapore-based DBS Group, PT Bank DBS Indonesia (Bank DBS Indonesia) is one of the banks with the longest history in Asia. Currently operating 1 Head Office, 13 Branch Offices, 16 Assistant Offices, 1 Functional Office and 3,011 active employees in 15 Major Cities in Indonesia, Bank DBS Indonesia provides comprehensive banking services that focus on the customer experience to 'Live more, Bank less'. We also see a purpose beyond banking and are committed to supporting our customers, employees, and the community towards a sustainable future.

PT Bank DBS Indonesia is licensed and supervised by The Indonesian Financial Services Authority (OJK), and an insured member of Indonesia Deposit Insurance Corporation (LPS).
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.