The Board has overall responsibility for sustainability and integrates ESG matters in the formulation of DBS’ strategy. The Board also determines what material sustainability matters are and provides guidance on their management and monitoring.
The CEO is assisted and advised by the Group Sustainability Council on sustainability matters. The Council also develops the sustainability framework, which includes setting key performance indicators in consultation with stakeholders and overseeing the execution of sustainability initiatives across the bank. It is chaired by the Chief Sustainability Officer and consists of senior members from various business and support units. The Council provides periodic updates to the CEO, Group Management Committee and the Board.
To ensure sustainability is embedded in the organisation, Local Sustainability Councils are established across our key markets – China, Hong Kong, India, Indonesia and Taiwan.
Read more latest Sustainability Report to find out more about our sustainability governance.