DBS Foundation awards record SGD 3 million to 19 businesses-for-impact across Asia

DBS Foundation Social Enterprise Grant ProgrammeKaren Ngui, Group Head, DBS Strategic Marketing and Communications and Board Member of DBS Foundation

Tridi Oasis is a manufacturer of recycled plastic bottles. They produce high and medium grade PET (Polyethylene terephthalate) flakes which can be transformed into sustainable packaging and textiles, enabling customers to develop products that perform, look, and feel better. They seek to continuously contribute to the circular economy by creating upcycled products and sustainable jobs.

Dian Kurniawati, Founder and CEO Tridi Oasis, said, “Collaborating with DBS made us learn how social entrepreneurs can make bigger social changes by implementing the right entrepreneurship/business strategy. The DBSF Grant we received will fund an environmental study of the multi-layered packaging (MLP) recycling process and hire a team for MLP plastics collection in Tangerang.”

Waste4Change aims to enable a more responsible, collaborative, and technology-based waste management ecosystem that supports the Implementation of a circular economy. They help to facilitate responsible waste collection (including sorting, recycling, and composting activities) to reduce the volume of waste going into landfills. They also provide consultation services, facilitation and education programmes across stakeholders, and process the collected waste in a responsible way to become recycled material.

Mohamad Bijaksana Junerosano, Founder and CEO Waste4Change, said, “We are grateful for the opportunity given by DBS for us to learn and grow together. With the grant fund we received from the DBS Foundation, we plan to partner with 300 temporary disposal sites (TPS) 3R and Waste Bank Jabodetabek to manage more waste. There will be an increase in capacity and assistance, as well as an integration of information systems for partners' businesses. Not only does it reduce the amount of waste that ends up in the final disposal site (TPA), but the initiative also increases the income of the waste industry players.”

Mona Monika, Head of Group Strategic Marketing & Communications, PT Bank DBS Indonesia,Identifying change makers through DBS Foundation Social Enterprise Programme

appendixgo.dbs.com/GrantsDriving the collective shift towards a more sustainability-conscious world

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About DBS
DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 13 consecutive years from 2009 to 2021.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.