As a leading financial services group in Asia with a footprint across 18 markets, we are committed to driving positive change across all aspects of corporate sustainability, and making a difference by acting responsibly through sustainable practices, behaviour and technology that respect our environment.
DBS is committed to incorporating sustainable designs and practices into our offices and branches, while investing in energy-related initiatives and waste management programmes to reduce our environmental footprint. We also organise activities throughout the year to enhance staff awareness and engagement on sustainability.
DBS is the first Asian bank and Singapore company to join the global renewable energy initiative, RE100, led by The Climate Group in partnership with CDP. Our participation in RE100, a collaborative group of influential global businesses committed to 100% renewable energy, signals our dedication to support the transition to a low carbon economy powered by renewable energy, benefitting not just our company but the world we live in.
We have set a target to power 100% of our operations in Singapore using renewable energy by 2030, with an eventual goal to extend this to 100% of our global operations. We plan to achieve this through the installation of solar panels at our office building in Changi Business Park, and through the procurement of Renewable Energy Certificates (RECs). These green energy certificates purchased from solar energy companies in Singapore, will ensure that the energy we use is obtained from renewable sources.
Read more about our RE100 membership in the full release here.