DBS Hong Kong drives sustainable lifestyle for customers with a range of new green retail banking solutions | 繁體

Hong Kong.28 Apr 2023.3 min read

Champions social enterprises with InstaRedeem Green Stamps and Live Better Market to support business for impact


Reaffirms commitment to decarbonisation with alternative-plastic credit card and tree planting scheme


Hong Kong, 28 Apr 2023 - DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) is committed to accelerating the transition towards a more sustainable future. To enable customers to live a more sustainable lifestyle, DBS Hong Kong has rolled out the refreshed DBS Credit Cards’ ‘InstaRedeem Discount scheme for Designated Social Enterprises’ and Live Better Market at K11 Art Mall to encourage green spending and support businesses for impact. To help reduce carbon footprints, biodegradable polylactic plastic is now adopted for producing the DBS COMPASS VISA and DBS Live Fresh Card.

Support social enterprises’ goal to solve environmental and social issues as a force for good

DBS strives to be a force for good by championing societal and local community causes that continue to drive positive environmental and social impact. To reward customers for making conscious green consumption choices and to encourage the habit of green spending, from now until 31 December 2023, they can enjoy InstaRedeem discounts by earning stamps through DBS Card+ App when they shop with DBS Credit Cards at designated social enterprises, including those supported by DBS Foundation.

For four consecutive weekends from 22 April until 14 May, DBS Hong Kong has also joined forces with K11 Art Mall to organise the pop-up Live Better Market to provide eco-products and limited green offers with 52 sustainable-living merchants, including DBS Foundation’s grant award winners including Breer, Rooftop Republic and Eco-Greenergy.

Ajay Mathur, Managing Director, Head of Customer Banking Group & Wealth Management, DBS Bank (Hong Kong) Limited, said, “As a purpose-driven bank, our mission is to create impact beyond banking by helping our customers to take on their decarbonisation journey by supporting them making conscious greener choices in their everyday life, in addition to investing in new ways to meet our own sustainability goals through responsible banking. We advocate sustainable practices and consumption by providing a suite of green products and solutions to fit into our customers’ lifestyles, from encouraging the use of green materials and sustainable spending to creating a positive environmental impact and supporting food waste reduction, for the betterment of our planet and society.”

Eco-friendly card materials to contribute to positive climate impact

With a long-term vision of being the Best Bank for a Better World, we stay innovative and continue to align our sustainability agenda with the United Nations Sustainable Development Goals. To reduce the use of plastic through customised retail solutions, DBS Hong Kong has adopted the alternative bio-based polylactic acid (PLA) plastic for DBS COMPASS VISA and DBS Live Fresh Card to create long-term value for our customers and the environment.

Moreover, with Mastercard® Priceless Planet Coalition, which aims to preserve the environment through the restoration of trees, DBS will plant a tree on behalf of DBS Live Fresh Cardholders upon eligible spending at designated social enterprises.

(From left) Amy Wu, Executive Director and Head of Group Strategic Marketing & Communications, DBS Bank (Hong Kong) Limited; Emily Ip, Executive Director and Head of Cards and Unsecured Lending, Consumer Banking Group and Wealth Management, DBS Bank (Hong Kong) Limited, visited DBS Hong Kong’s showcase and the Live Better Market at K11 Art Mall.

APPENDIX:

Live Better Market

Date:

22 April to 14 May 2023, every Saturday, Sunday and Public Holidays

Time:

12:00pm – 9:00pm

Venue:

1/F, 2/F K11 Art Mall

Participating merchants:

52 sustainable living merchants including Breer, Rooftop Republic, Eco-Greenergy and Furry Green


By spending a specific amount at the K11 Art Mall with applicable DBS Credit Cards, DBS Credit Card Cardholders who have registered as a KLUB 11 Member & K Dollar Program Member can enjoy up to 1,680 K Dollars during the Promotion Period (1 April 2023 to 14 May 2023) (Terms & conditions apply):

Amount spent

Rewards

HK$1,000 – HK$3,000

35 K Dollars

HK$3,000 – HK$6,000

120 K Dollars

HK$6,000 or above

280 K Dollars




Live Fresh! Live Green! Mastercard® Priceless Planet Coalition

DBS will plant a tree on behalf of the cardholder through Mastercard Priceless Planet Coalition upon accumulating eligible retail spending of HK$4,000 or above, inclusive of at least 1 transaction made at nine designated social enterprises[1]  [2], with DBS Live Fresh Card in one of the calendar months during the promotion period[3]. The cardholder will also be awarded an e-Certificate of tree planting. (Terms & conditions apply)

InstaRedeem Discount for Designated Social Enterprises

Under the refreshed InstaRedeem Discount scheme for Designated Social Enterprises, DBS Card+ App users can collect one stamp after completing a single transaction of HK$250 or above at retail stores or the online shops of nine designated social enterprises[4] during the promotion period[5]. For every five stamps collected, the sixth eligible transaction[6] can be entitled to HK$60 InstaRedeem Discount for DBS Live Fresh Card or HK$40 InstaRedeem Discount for other DBS Credit Cards[7].


Above promotions are subject to terms and conditions, please visit our website for details. Reminder: To borrow or not borrow? Borrow only if you can repay!

 

[1] Eligible retail spending is only applicable to related merchants' online shops

[2] Eco-Greenergy, FAIRTASTE, FurryGreen, GreenPrice, Ground Works, Mealingful, Rooftop Republic, SLOWOOD, WEDO GLOBAL

[3] Promotion period: 1 March – 31 December 2023

[4] Eco-Greenergy, FAIRTASTE, FurryGreen, GreenPrice, Ground Works, Mealingful, Rooftop Republic, SLOWOOD, WEDO GLOBAL

[5] Promotion period: 1 March – 31 December 2023

[6] The 6th transaction must be completed on or before 31 Dec 2023

[7] Each DBS Card+ user account can enjoy Offer 1 & Offer 2 up to 10 times each during the promotion period

[End]

About DBS 
DBS is a leading financial services group in Asia with a presence in 19 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 Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. 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 14 consecutive years from 2009 to 2022.

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, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.

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.

sustainability