2017
Announced our support for the TCFD
Developed our Green Bond framework in accordance with The Green Bond Principles and issued our inaugural green bond
Developed our Group Responsible Financing Standard, outlining the ESG requirements for corporate financing
2018
Issued our first standalone sustainability report including climate-related disclosures according to the TCFD recommendations
Ceased financing new thermal coal mining projects
2019
Adopted the Equator Principles as part of our efforts to promote responsible financing
2020
Published our Sustainable and Transition Finance Framework and Taxonomy that forms the bedrock for DBS to engage with clients who are furthering their sustainability and climate agenda
2021
Announced our sustainable financing target to SGD 50 billion by 2024
Committed to phase out thermal coal exposure completely by 2039
Set up Climate Impact X, a Singapore-based global carbon exchange and marketplace
Launched LiveBetter a comprehensive digital platform connecting our customers with financial solutions that support environmental and social impact.
2022
Established our very first set of science-informed decarbonisation targets for our Scope 3 financed emissions
Established Human Rights and Diversity, Equity & Inclusion policy
New Community Impact Chapter established under DBS Foundation
Established a Board Sustainability Committee
2023
Committed up to SGD 1 billion over 10 years to improve lives and livelihoods of the low income and underprivileged
Established a new ESG Credit Risk team with a new Head of ESG Risk Credit to 2023
Launched Women Leadership Programme to build and sustain our community of senior women leaders
2024
Enhanced our Transition Finance Framework to include a refined list of activities and strengthen governance
Launched inaugural Regenerative Festival engaging employees and suppliers to inspire new ways of sourcing and consuming
Launched DBS Foundation Impact Beyond series bringing together actors from the public, private and social sectors to tackle Asia’s ageing challenge
Enhanced our operational decarbonisation roadmap, committed to achieving net zero for our own operations by 2050
Established the Group Climate Council (GCC) as our central forum for climate-related governance and strategy
2025
Exceeded SGD 102 billion in sustainable financing volumes, net of repayments
Supported the first transition-finance transaction aligned with Singapore-Asia Taxonomy for Sustainable Finance
Strengthened nature-related strategy and risk management and developed playbook to support financing decisions and portfolio resilience
Published our first climate-related disclosures based on the climate-relevant provisions in the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards
