Through meaningful disclosure, we seek to monitor, manage and improve our economic, environmental, social and governance performance and impact in executing our strategy and generating sustainable value in the long term.
When the International Integrated Reporting Council (IIRC) came out with its integrated reporting framework in 2012, we saw the strategic value of the enhanced communications and have incorporated this framework into our annual reports since then. From 2015, our reports have also been produced in accordance with the Global Reporting Initiative (GRI) Standards. In 2018, we published the inaugural standalone and externally assured sustainability report.
Core Markets Sustainability Factsheets
These factsheets highlight key progress in our core markets and complement our annual sustainability reports.
Task Force on Climate-related Financial Disclosures
DBS supports the voluntary recommendations of the industry-led Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD). The recommendations advocate disclosing clear, comparable and consistent information on climate-related risks and opportunities. The widespread adoption by investors, banks and others would lead to efficient capital allocation and low carbon economy transition.
DBS’ support was announced on the second anniversary of the Paris Agreement at the One Planet Summit, convened by French President Emmanuel Macron to "take further action on climate, notably on the financial front”.
Through this initiative, DBS joins over 500 leading corporations who have expressed their support for better disclosures of climate-related risks and opportunities.