As part of the industry’s push towards sustainable development, the Association of Banks in Singapore (ABS) released a set of industry guidelines to enhance the implementation of responsible financing in October 2015.
Developed in consultation with banks, including DBS, the guidelines underscore the sector’s commitment to advancing responsible financing in a more structured and transparent manner. The guidelines will help achieve systematic environmental and social criteria integration into banks’ lending decision-making as well as provide higher levels of transparency and accountability.
We have fully implemented the ABS guidelines in 2017.