DBS recognised for strong corporate governance at 20th SIAS Investors’ Choice Awards

Singapore, Regional.27 Sep 2019

Wins for corporate governance, shareholder communication and sustainability

Singapore, Regional, 27 Sep 2019 - DBS has been recognised for its strong corporate governance practices at the 20th SIAS Investors’ Choice Awards, emerging the winner in the Singapore Corporate Governance (Big Cap) category. The bank also took home the award for Shareholder Communication Excellence (Big Cap), and was the runner-up in the Sustainability (Big Cap) category.

In line with the bank’s efforts to maintain high levels of transparency and accountability with stakeholders, DBS continued to look for ways to enhance corporate governance disclosures, including in its 2018 Annual Report.

On the sustainability front, recognition of DBS’ efforts is a validation of its commitment to creating a more sustainable future. The bank issued its inaugural standalone sustainability report this year, the first Singapore bank to do so. The report provides an expanded account on progress made in supporting the United Nations’ set of Sustainable Development Goals and material sustainability matters.

Earlier this month, DBS was included in the Dow Jones Sustainability Index Asia Pacific for the second consecutive year, making it one of just five Singapore-listed companies and the only bank in Southeast Asia on the index. In July 2019, DBS was also named to the FTSE4Good Global Index for the third year running, having been the first Singapore bank to be included in 2017. The bank is also active in the sustainable financing space, having provided green loans, sustainability performance-linked loans and renewable energy financing that amounted to more than SGD 2.4 billion in 2018.


About DBS
DBS is a leading financial services group in Asia with a presence in 18 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 Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. 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. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 10 consecutive years from 2009 to 2018.

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. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established an SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all our 27,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.