2017
Announced our support for the TCFD
Developed the Green Bond framework in accordance with The Green Bond Principles and issued our inaugural green bond
Developed our Group Responsible Financing Standard, outlining the ESG requirements for corporate financing
2018
Issued our first standalone sustainability report including climate-related disclosures according to the TCFD recommendations
2019
Adopted the Equator Principles as part of our efforts to promote responsible financing
2020
Published our Sustainable and Transition Finance Framework and Taxonomy that forms the bedrock for DBS to engage with clients who are furthering their sustainability and climate agenda
2021
Announced our sustainable financing target to SGD 50 billion by 2024
Committed to phase out thermal coal exposure completely by 2039
Set up Climate Impact X, a Singapore-based global carbon exchange and marketplace
Joined the Net-Zero Banking Alliance to commit to net zero by 2050 or sooner
2022
Established our very first set of science-informed decarbonisation targets for our Scope 3 financed emissions
Established Human Rights and Diversity, Equity & Inclusion policy
New Community Impact Chapter established under DBS Foundation
2023
Co-authored GFANZ guidance paper on “Financing the Managed Phaseout of Coal-Fired Power Plants in Asia Pacific”
Joined the IFRS Corporate Champions Network, supporting a high-quality, comprehensive global baseline of sustainability disclosures
Launched Women Leadership Programme to build and sustain our community of senior women leaders
Committed up to SGD 1 billion over 10 years to improve lives and livelihoods of the low income and underprivileged
2024
Enhanced our Transition Finance Framework to include a refined list of activities and strengthen governance
Committed SGD 89 billion in sustainable financing
Launched inaugural Regenerative Festival engaging employees and suppliers to inspire new ways of sourcing and consuming
Launched DBS Foundation Impact Beyond series bringing together actors from the public, private and social sectors to tackle Asia’s ageing challenge
